Instantly find listings for sale in your area

"

** Attractive Town Centre Investment property ** Split as Ground Floor Retail with rear yard ** 2 x Apartments over ** Representing just under 9% annual rental yield ** Well maintained and presented ** Benefitting uPVC double glazing ** Busy town thoroughfare ** Established retail premises on Ground Floor ** An exciting investment opportunity in the sought after address within Aberystwyth **

The property is situated along Terrace Road, a busy thoroughfare within Aberystwyth town centre leading from the Railway Station to the Promenade.  Neighbouring properties include W H Smith, Oxfam and Barclays Bank.   Aberystwyth is the main strategic town in Mid and West Wales with its regional hospital, university, Network rail connections, local and national retailers, primary and secondary  education and 6th form college, business parks, retail parks, Welsh Government and Local Authority offices.  

We are advised that the property benefits from mains water, electricity and drainage.  BT subject to transfer regulations.  

General
An excellent town centre investment opportunity. The premises is split across 4 Floors with a Ground Floor retail unit measuring approximately 564 Ft² with rear yard and Apartments over.

The Apartments have a separate designated access from Terrace Road leading to a central communal staircase with access to Flat 1 on the First Floor providing 2 Bedroom accommodation with the staircase continuing to provide an additional 3 Bed Apartment on the 2nd and 3rd Floors with spacious accommodation enjoying a wonderful outlook over Terrace Road and Portland Road, 2 popular thoroughfares within Aberystwyth.

The premises occupies an excellent position in the centre of the main shopping precinct close to W H Smiths Post Office, Oxfam, Barclays Bank and numerous local traders.


Accommodation


Front Trading Area
The property is arranged over 4 stories and provides 3 x self contained units, Ground Floor retail commercial unit measuring approximately 564 Ft², a recently refurbished retail outfit with floor to ceiling display window and side glass door to front leading to main sales area with serving counter, large polycarbon roof allowing natural light, new flooring, recently redecorated.

Rear Sales Area
17‘ 0&quote; x 9‘ 6&quote; (5.18m x 2.90m) with fitted shelves, staff kitchen, toilet low flush WC.

First Floor


Residential Letting Units
The Residential Letting Units are on the upper floors of the property approached by a separate Ground Floor entrance from Terrace Road into:

Entrance Hallway
via hardwood glass panel door, emergency lighting, break glass alarm switch. Stairs leading to:

First Floor


.
via communal staircase and entrance to:

Flat 1
With Inner Hallway leading to:

Kitchen
9‘ 4&quote; x 10‘ 0&quote; (2.84m x 3.05m) with a range of modern base and wall units, stainless steel sink and drainer, wall mounted Worcester combi boiler, under-larder fridge space, space for electric cooker.

LoungeDining Room
11‘ 9&quote; x 15‘ 9&quote; (3.58m x 4.80m) with feature large bay window to front, fireplace, double panel radiator, multiple sockets, BT point, TV point.

Shower Room
Tiled shower cubicle, dual flush WC, single wash hand basin, tiled floor.

Bedroom 1
9‘ 4&quote; x 10‘ 6&quote; (2.84m x 3.20m) Large Double Bedroom with dual aspect windows to side and rear, radiator, multiple sockets.

Lean-To Dressing Area
6‘ 2&quote; x 7‘ 1&quote; (1.88m x 2.16m) with multiple sockets.

Second Floor


.
Approached via closed staircase to rear annex and door to:

Shower Room
Tiled shower unit, dual flush WC, single wash hand basin, tiled flooring, radiator.

Rear Bedroom
11‘ 1&quote; x 12‘ 8&quote; (3.38m x 3.86m) Double Bedroom with dual aspect windows to rear and sides, radiator, multiple sockets.

Central Landing
of the main building, radiator. Stairs continues to:

Third Floor


Kitchen
7‘ 1&quote; x 10‘ 4&quote; (2.16m x 3.15m) with a range of modern base and wall units, stainless steel sink and drainer, space for electric cooker and under larder fridge, multiple sockets, side window, wall mounted combi boiler.

Lounge
13‘ 5&quote; x 16‘ 7&quote; (4.09m x 5.05m) with feature bay window to front enjoying a wonderful aspect over Terrace Road and Portland Road, radiator, multiple sockets, BT point, TV point.

Fourth Floor


.
via a continuing original staircase to Landing.

Bedroom 1
11‘ 1&quote; x 15‘ 7&quote; (3.38m x 4.75m) Double Bedroom with high level windows to front, radiator, multiple socket.

Rear Bedroom
10‘ 6&quote; x 11‘ 2&quote; (3.20m x 3.40m) Double Bedroom with window to rear, radiator, multiple sockets.

External


To front
The property is approached via Terrace Road with access to the Retail Unit and Flats separately.

To the Rear
To the rear is a small yard used by the Retail Unit for refuge storage.