A GRADE II listed former military barracks in Pembrokeshire is being offered for sale as part of a nation-wide online property auction held by John Pye Property next month (Nov).

The Old Defensible Barracks were built around 1844 and previously used to house an army garrison as part of land defences for the Pembroke dockyard.

Richard Reed, head of property at John Pye Property, said the barracks presented an exciting opportunity for potential developers and buy-to-let investors as the east wing has recently been divided into five completed flats.

He said: “Although renovation work is required on this property, the barracks would make a great venture for an investor or someone looking for buy-to-let opportunities. Historical properties are always popular at our auctions and it would be fantastic to see this site restored to its true potential.”

The property, which is 45,000 sq ft and sits on 4.45-acres of land, is located north of Pembroke - around 100 miles from Cardiff. The barracks has recently been partially renovated with further work required to the north, south and west wings.

The barracks not only offer a fantastic business opportunity through the possible rental flats, but there is also opportunity to provide holiday lets; in addition there is a separate detached unit located towards the north east perimeter of the site, with intended future use as a coffee shop or cottage. The property, which is surrounded by a deep moat with masonry walls, also includes a former workshop building.

Reed added: “We anticipate there being a lot of interest in this building when it is offered to auction on November 21 and 22 with a guide price of £850,000. There is ample space to develop the premises, to let the pre-existing flats and also to open a business in the separate detached unit.”

Buyers interested in viewing the property should contact John Pye Property by email: [email protected] or phone: 0115 970 6060.

Visit www.johnpye.co.uk/property-auctions to find out more or phone 0115 970 6060.