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Residential properties for auction in Linkshouse, ZE2

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THE OLD DEFENSIBLE BARRACKS PEMBROKE DOCK, SOUTH WEST WALES

Auction Date: 21st - 22nd November

Guide Price: £850,000 +

•Grade II* Listed Building
•Approx. GIA floor area 45,000 ft.²
•Guide price devalues to less than £20 ft.²
•Approx. site area 4.45 acres
•Renovation work to East Wing mostly completed
•Five existing 1 & 2 bed apartments
•Development opportunity (STP)
•Suitable for a variety of uses (STP)
•Located close to Pembrokeshire Coast National Park
By Order of Joint Receivers – Rare Opportunity to Acquire Former Local Shop In The Heart Of A Rural Community – Sought After Tourist Location – Potential Residential Development (STP)

Features
Freehold property
Retail shop & ancillary outbuildings
Approx. 0.33 acre site
Potential residential development (STP)
Potential change of use (STP)
Close to local amenities
Close to ferry terminal
Close to the beach

Location
The property is situated across the road from the pier and beach in the centre of the village of Mid Yell on Yell, the larger of Shetland’s North Isles, the village being Yell’s main population centre and the location for its main amenities including the Junior High School, leisure centre & swimming pool, medical & care centres.

Yell is approximately 19 miles long by 7.5 miles wide and having a population of around 1,000, and is connected to Mainland Shetland by a regular ro-ro ferry service which runs throughout the day from Ulsta at the south end of the island, about 10 miles from the property. A similar service runs from Gutcher to the north to the neighbouring island of Unst.

Despite the remote ‘get-away-from-it-all’ location, the mainland is still easily accessible with a daily overnight ferry service linking Shetland with Orkney & Aberdeen, and regular flights by Loganair & Flybe from Sumburgh Airport at the very southern tip of Shetland to Aberdeen, Glasgow & Edinburgh.

Description
• For Sale By Online Auction – 21st – 22nd November 2018
• Guide Price: £60,000+
• Former Local Stores & Post Office
• Sought After Location
• Potential Development Opportunity (STP)

Situated on a site extending to approx. 0.33 acres, the property is entered via the main shop doorway to a large retail area with glazed window display. To the side is a further retail space which includes a partitioned former Post Office unit in one corner. At the rear of the main space is a further retail / storage area with office and store to the side, and further store leading through to a staff area with kitchenette & toilet.

Outside there is a detached shed comprising a general storage area with additional partitioned area at the rear which used to house the sorting office. In addition there is also a single garage in a block of three.

There is a large derelict stone built dwelling in a state of disrepair sited on the site that extends to approx. .33 acres.

Accommodation
Main Building: 215 m2 (2314 ft2)
Detached Shed: 58m2 (624 ft2)
Single Garage: 13 m2 (140 ft2)

Please note: measurements provided by a third party.

Services
Potential buyers are advised to make their own investigations

Tenure
The property is freehold

Investment Analysis
Other uses may be possible although this would be dependent on any necessary consents required and again prospective purchasers should satisfy themselves in this regard.

Business Rates
The current rateable values are as follows Shop £2,175; Shed £370; Garage £60

Guide Price
£60,000+

VAT
Potential buyers are advised to make their own investigations

Buyer’s Premium
2% (min. £3,600) inc. VAT

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Link House Stores, Mid Yell, Linkshouse, Shetland, ZE2 9BP
By Order of Joint Receivers – Rare Opportunity to Acquire Former Local Shop In The Heart Of A Rural Community – Potential Resident...
Type: Retail, Storage, Office, Residential, Leisure, Industrial, Offices
Location: Link House Stores, Mid Yell Linkshouse, Shetland, ZE2 9BP
Images: 15
Brochures: 1
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