Prominent & Substantial Town Centre Mixed Use Attractive Investment Opportunity (Retail and 9 Bedroom Flat)
An opportunity to acquire a prominent and substantial corner mixed use investment opportunity having A3 use on the ground floor which totals 242.66 sqm (obtained through VOA) set over the ground and lower ground floor levels. In our opinion, the area could be sub-divided to provide an independent unit (subject to all necessary consents). The self-contained 9-bedroom residential element has 5 bedrooms to the first floor and 4 bedrooms to the second floor. It has previously been used as HMO accommodation and this would need to be instated, however there is a fire control panel along with emergency lighting present, therefore along with a little upgrading could be ready to let without having to carry out extensive works in our opinion.
Located behind the landmark clock tower, the property is situated at the top of Great Darkgate Street within the University Town Coastal Resort and Administrative Centre of Aberystwyth, and is within immediate walking
distance to the main Town Centre thoroughfare and neighbouring properties which include Edinburgh Woollen Mill, Crew Clothing, Accessorize, Poundland, New Look, Superdrug, Fat Face and Greggs. The Town of Aberystwyth offers a good level of local and national amenities and
services include University and Supporting Educational facilities, Welsh Government and Local Authority Regional Offices, Retail Parks, Industrial Estates, excellent public transport connectivity, Network Rail connections, Regional Hospital of Bronglais and Aberystwyth Town being the main
Tourist destination along the Cardigan Bay Coastline within Mid Wales.
Ground Floor: Offering an open plan working space with four large shop windows, having three independent access points to the street, benefiting from a central bar/barista area with two wash hand basins, various fitted cupboards, wall lights and numerous electric sockets. Kitchen/Prep room with stainless steel sink units, lined walls and floor, rear entrance door to the yard area. Ladies W/C, Gents W/C & Disabled W/C.
Lower Ground Floor (Not inspected): Steps leading down from the commercial element to 2 x cellar rooms.
First Floor: Accessed from an independent access and hallway and staircase from the ground floor. Hallway, bin store, living room, kitchen/dining room, 2 x shower rooms, 5 bedrooms.
Second Floor: Hallway, bin store, living room, kitchen, 2 x shower rooms, 5 bedrooms.
Outside: Sizeable rear yard with storage facility
Viewings: Through our partner agents Morgan & Davies (Lampeter) on 01570 423623
Tenure: See Legal Pack
EPC Rating: Flat - D
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Call the team on 01633 212 555 for more information
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
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