Historic property on Tenby's high street

How we helped

We’re proud to have provided £700,000 to Alcann Limited to assist with the long-term investment and purchase of a historic property in the centre of Tenby. The property is currently home to Boots Pharmacy, who have been at the heart of Tenby High Street for nearly 100 years.

Alcann Ltd said: “We are delighted to include this wonderful building in our private estates group. Our experience in dealing with the Principality team and their advisers has been first class and a big thank you to their dedicated team for assisting us with this transaction. 

"Our experience in dealing with the Principality team and their advisers has been first class."

Alcann Ltd

More about this project

The property is Grade II listed, and steeped in history and legend. It features a door in the basement that leads to a stone walled medieval tunnel, believed to date back to the 15th century. The tunnel crosses beneath the High Street and ends in a single room believed to be located under the graveyard of St Mary’s Church.

Many historians believe on June 2nd, 1471, a 14 year old Henry Tudor went into hiding in the Cellar of Thomas White’s house, which is thought to have stood in the grounds of St Mary’s Church, before fleeing to Brittany on a boat from Tenby Harbour. There is a blue plaque on the external wall of the property to confirm the room at the end of the tunnel is believed to be the former cellar of Thomas White’s house.

Charlotte Vick, Relationship Manager at Principality Commercial said: “Here at Principality Commercial, we were delighted to be able to assist a new borrower with the purchase of what is a good local property for the Society in a thriving coastal town.”