Bidding opens Monday 27th July 2026 at Midday and closes Wednesday 29th July 2026 at Midday.
Description
Commercial Retail Investment Opportunity
The subject property comprises of a 4-storey mid terrace building within the town centre of Cardigan. The ground floor accommodation extends 2,336 sq.ft and offers a mix of retail and ancillary areas. The upper floors comprise four flats, each previously sold on a long leasehold basis at a peppercorn rent. The ground floor is currently let to The Works Stores Limited on an effective FRI lease via a service charge. The tenant has recently signed into a new 5-year lease from the 10th of December 2025 at a passing rent of £33,000 per annum.
The property is situated on High Street, within the town of Cardigan. High Street is the main retail area within the town offering a mix of national and independent retailers including Specsavers, HSBC Bank, and WHSmith. Cardigan is the second largest town in Ceredigion and is close to the A487, an arterial route linking multiple towns along the west coast of Wales. Cardigan is approximately 40 to the South West of Aberystwyth and 26 miles North-West of Carmarthen.
We are advised that the ground floor measures approximately 217.02m2/ ft2 2,336.
Tenure: Freehold
EPC Rating: B
Important Notice to Prospective Buyers
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.
Buyers Premium
£600 inc VAT payable on exchange of contracts.
Administration Charge
1.5% inc VAT of the purchase price, subject to a minimum of £2100 inc VAT, payable on exchange of contracts.
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- Unconditional (Immediate Exchange)
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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