Fantastic commercial/residential investment opportunity currently with A3 use, Rear Cold Room, 327 sq.ft. Of Cellar Space, Commercial Kitchen, 5 bedroomed accomodation and Attic. In Prime location adjoining the clocktower Retail Area a freehold Mixed use Property with accomodation over. Ground floor Sales area 350 sq.ft. Opening into Kitchen 156 sq.ft. With rear 250 sq.ft. Storage beyond. The property will require some refurbishment which can be carried out to individual taste, Potential Rent for 2 units approx £35,000 maximum. Eer 122
Situation & Location
This mixed use commercial property is situated in one of the busiest shopping areas in Aberystwyth, adjoining the Clock Tower and main prime trading area of Great Darkgate Street with its national retailers. The University town and seaside resort of Aberystwyth provides excellent social, educational and shopping facilities with public transport to all parts. Aberystwyth is enjoying an increase in popularity with the student population ensuring all year round trade.
The property has been used for many years as a Chinese and lately an Indian Takeaway. It was completely re-roofed 5 years ago with a large velux window to front roof slope. The large windows are a mainly of aluminium frame. At present access to the Upper Accommodation is via the central ground floor Kitchen, however direct access from the main front door could be created by providing a Lobby/corridor. Refurbishment of the buildingcan be carried out to individuals requirements and specifications.
In recent years the rent passing for the Shop was some £18,200 Once the upper accomodation is upgraded a family let would obtain £10,200 rent per annum. As a Hmo average rent passing would be £17000. Thus property has a potential income of some £35,000.
Sales Area (26'5 x 15'10 (8.05m x 4.83m))
Good clean space with Large display window. Seating to both sides and rear hand built counter, multiple down lights. 4 x wall lights. Large modern tiled floor. Telephone points. Access to Kitchen and Access to:
Cellar (22'11 x 15'1 (6.99m x 4.60m))
Commercial Kitchen (13'3 x 11'10 (4.04m x 3.61m))
With stainless steel equipment including large extractor canopy duct, large splash back, sink unit, fridge. Two strip lights, Fully tiled walls. Quarry Tiled floor
Toilet and access Upper Floors
Corridor From Kitchen
With Stainless steel sink unit and quarry tiled floor. Door to External Wet Room.
Cold Room (8 x 8 (26'3" x 26'3"))
Old First Floor Loft Store (13'11 x 11'10 (4.24m x 3.61m))
Requires refurbishing with corrugated roof
Main Building First Floor
Bedroom (6' 3" x 12' (1.83m 0.08m x 3.66m))
Bedroom (8' 8" x 11' 9" (2.44m 0.20m x 3.35m 0.23m))
Shower Room (9'4 x 6 (2.84m x 0.15m))
Refurbished with new Double Shower with Triton tbo shower unit, new aquaboards. Toilet and wash hand basin. Linen Cupboard
Kitchen/Living Room (12' 3" x 13' 6 (3.66m 0.08m x 3.96m 0.15m))
With strip light, side Upvc window, gas Boiler for hot water.
Second Floor Landing
Accessed via Turned Staircase
Front Bedroom (7' 2" x 11' 6" (2.13m 0.05m x 3.35m 0.15m))
Other Bedroom (7' 8" x 13' 6" (2.13m 0.20m x 3.96m 0.15m))
Rear Bedroom 5 (9' x 9' 10" (2.74m x 2.74m 0.25m))
Attic (13'8 x 14'1 (4.17m x 4.29m))
With exposed stone walls, floorboards and large velux window
A3 use. Residential for upper parts.
Main Electric, Gas, Water & Drainage. Commercial Building Energy Efficency Grade E (122)
Council Tax Band 'C' for the maisonette. Rateable Value for the ground floor is £12,250
Whilst we endeavour to make our sales details accurate and reliable they should not be relied on as statements or representations of fact and do not constitute any part of an offer or contract. The seller does not make or give nor do we or our employees have the authority to make or give any representation or warranty in relation to the property. Please contact the office before viewing the property. If there is any point which is of particular importance to you we will be pleased to check the information for you and to confirm that the property remains available. This is particularly important if you are contemplating travelling some distance to view the property. We would strongly recommend that all the information which we provide about the property is verified by yourself on inspection and also by your conveyancer, especially where statements have been made by us to the effect that the information provided has not been verified. Lloyd herbert & jones have not tested any electrical wiring, plumbing, drainage or other appliances. The mention of any appliances and or services within these sales particulars does not imply that they are in full and efficient working order.
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