Residential Portfolio in SA33

Dukes Meadow, Pendine, Carmarthen, Sir Gaerfyrddin, SA33 4UH

Bid now

Online auction

Alternatively call 0191 580 1587 or email commercial@pattinson.co.uk

  • 13 bedroom block of apartments for sale
  • Profitable short term rentals
  • 6 x 2 bedroom apartments
  • 1 x 1 bedroom apartment
  • Each with private hot tub and vast sea views of Pendine Sands
  • Scope to increase turnover and profitability
  • 1 Parking Space available for each apartment plus 2 overflow carparks
  • Fibre broadband available
  • Served by mains electric, water and sewerage

Residential Portfolio in SA33

*For sale via secure sale online bidding: terms and conditions apply.*

We are pleased to offer to auction these seven apartments for sale in the Prestigious Pendine Manor Estate in Pendine. Pendine is a picturesque and relaxing coastal village enjoying stunning panoramic views over Pendine Sands towards Carmarthen bay and Worms Head on the Gower Peninsula.

These apartments are an ideal ready-made holiday business, already successful with bookings but with huge scope to develop and increase profitability.They are an ideal base to explore the delights of both Pembrokeshire and Carmarthenshire, whilst being on the doorstep of Dylan Thomas’ hometown of Laugharne, and are only a 10 minute drive to the coastal resorts of Tenby and Saundersfoot.

Each of the purpose built apartments in a block of 20 apartments (10 blocks of 2) boasts its very own private hot tub with sunny aspect, where you can relax and enjoy the breathtaking views whilst enjoying a glass of bubbly.
Internally, the apartments offer neural decor and modern comforts and furniture, ready to accept guests for a busy Summer season.

All furniture will be including in the sale as outlined with the particulars completed by Morgan La Roche Solicitors. The hot tubs if you wish for these to be included in the sale will cost an additional £2,500 each

Projected rental figures available from the newly appointed holiday rental agent on request.


Please note we have not inspected this property.

Summary

  • Property Type: Residential Portfolio
  • Parking: Allocated

Location

Pendine is a picturesque and relaxing coastal village enjoying stunning panoramic views over Pendine Sands towards Carmarthen bay and Worms Head on the Gower Peninsula. Ideal base to explore the delights of both Pembrokeshire and Carmarthenshire, whilst being on the doorstep of Dylan Thomas’ hometown of Laugharne, and are only a 10 minute drive to the coastal resorts of Tenby and Saundersfoot.

Accommodation

Seven apartments for sale in the Prestigious Pendine Manor Estate in Pendine. These apartments are an ideal ready-made holiday business, already successful with bookings but with huge scope to develop and increase profitability. Each of the purpose built apartments in a block of 20 apartments (10 blocks of 2) boasts its very own private hot tub with sunny aspect, where you can relax and enjoy the breathtaking views whilst enjoying a glass of bubbly. Internally, the apartments offer neural decor and modern comforts and furniture, ready to accept guests for a busy Summer season.

Tenure

7x Leasehold titles. Title numbers available upon request.

Rateable Value

The current rateable value is £9,800 (1 April 2023 to present).

Sourced from VOA.

EPC

Available Upon Request.

1 - We are currently awaiting a copy of the energy performance certificate.
2, 3, 4, 6 & 7 - Rating C
5 - Rating D

Additional Information

For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

This property is being sold subject to unconditional reservation fee auction terms and conditions.

 

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

 

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

 

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable. 

 

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

 

More Information

For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:  

My bid may be accepted by the seller at any time before the close of the auction.  It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. 

If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.  

Any amount payable at the close of the auction must be paid within 1 hour.   

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second. 

Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation. 

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice. 

Minimum online bidding increments: 
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid 
£150,001 to £250,000 - £1,000 minimum bid 
​£250,001 to £750,000 - £2,500 minimum bid 
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions. 

More Information is available:

For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk

 

There is no legal pack for this property.

Similar properties