A unique development in Tenby, Pembrokeshire, is now on the market with a guide price of £1 million, offering a blend of commercial retail spaces and holiday accommodation in a sought-after seaside town. The property at Brychan Yard, Upper Frog Street, continues to attract attention due to its mix of income opportunities and prime location.
Key Takeaways
- Prime mixed-use property in the heart of Tenby, Pembrokeshire.
- Comprises three retail shops and three separate holiday flats.
- Listed for sale at £1 million (recently advertised at £950,000).
- Strong potential for both rental and business income.
Overview of the Property
Located just moments from Tenby’s vibrant town centre and picturesque coastline, the Brychan Yard development offers an appealing combination of retail and residential space. Currently, the property encompasses three ground-floor shops – an art gallery, a café/bakery, and a hairdresser – with established presences. Above, three holiday flats present opportunities for short-term rental income.
Accommodation Details
Each of the three apartments, situated on the first floor, has its own distinct features:
- The Saddleroom:
- Includes two bedrooms, bathroom, kitchen, hallway, and porch.
- The Piccardy:
- Offers a sitting room, kitchen, bedroom, and shower room.
- Raffles:
- Comprises a kitchen, living room, bedroom, en-suite bathroom, and an extra toilet.
All apartments are designed for comfort and convenience, making them attractive to the thriving holiday rental market in Tenby.
Commercial and Workshop Spaces
On the ground floor, tenants enjoy three retail units catering to locals and visitors alike. The property also boasts a versatile workshop area, divided into two sections and flooded with natural light from four large skylights and multiple windows. High ceilings and exposed trusses enhance the space, which is suitable for creative or commercial use.
Investment Opportunity
This property represents an enticing prospect for investors seeking multiple income streams in one package. Both the retail shops and the holiday flats can provide a diversified return, capitalising on Tenby’s popularity as a tourist hotspot and its thriving local economy. Detailed financial information regarding current rents and holiday let occupancy is available to interested buyers arranging viewings.
Location Advantage
Tenby is favoured for its scenic charm, historic sites, and vibrant community atmosphere. Properties in the town are in high demand due to its status as one of Wales’ standout seaside destinations. The varied offering of Brychan Yard thus presents appeal both to those seeking stable rental yields and those looking for a lifestyle investment by the coast.
Conclusion
With its mix of retail, residential, and workshop spaces in the heart of Tenby, Brychan Yard provides a rare chance to acquire a high-potential property in one of Pembrokeshire’s prime locations. Demand is expected to be strong as investors and entrepreneurs look toward the summer season.
References
- Tenby retail shop development on the market for £1m, The Western Telegraph.
