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Morgan and Davies Estate Agent in
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Back to search: Aberystwyth or Banadl Road

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Spacious 0 bed property

Available
For Sale
Listed May 3, 2024
£380,000
Available

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Description

"

***  A well established Restaurant and Cafeteria with cold ice cream shelf   ***  Established for many years (1997)   ***  Operating on a high reputation and in a busy Town Centre position

***  Providing ground floor accommodation with retail cafe, kitchen, freezer room and prep areas, lobby, separate side hall servicing upper floors currently utilised as storage facilities but having in the past had H.M.O. occupation (now lapsed)  

***  The property now provides a valuable commercialretailmixed investment property with upper floors capable of either being modelled to provide additional commercial or residential accommodation

***  Easy access North, South and East from arterial road network

***  In all a well situated renowned and highly reputable business available on the market for the first time for many years



We are informed by the current Vendors that the property benefits from mains water, mains electricity, mains drainage, mains gas, telephone subject to B.T. transfer regulations, Broadband available.



LOCATION
Aberystwyth is Mid Wales‘ principal University Town Coastal Resort and Administrative Centre serving a large rural hinterland and the major part of the Cardigan Bay Coastline located close to the Cambrian Mountains.

This part of Terrace Road is located in what is increasingly busy part of this University Town close to the Station Terminus and Wetherspoons.

The property is located in the central trading district and retail area close to Marks and Spencer, Tesco and numerous other well established retail names and local Proprietorships .

The premises provides an appealing four storied building in a busy parade of similar premises close to Lloyds Bank and other well known names, such as Tesco Express.

GENERAL DESCRIPTION
The placing of 4 Terrace Road on the market provides an opportunity for those seeking either a flourishing business which is sold well equipped with approximately £70,000 total retail value of equipment but a very appealing commercial premises in the heart of the Town Centre.

The property currently trades within the A1 Use Class but equally suits alternative use and Change of Use possibilities are certainly available in the Agent‘s opinion (subject to the necessary consents being obtained).

The property has been established since 1997 on this site and now on retirement of the existing Owners provides the opportunity to a new approach to be taken, not only for the business but also for the premises, which are particularly spacious and arranged over four stories with possibilities for residential accommodation to the upper floors.

The premises provide more particularly as follows.

THE COMMERCIAL ACCOMMODATION
Comprises a hardwood shop front with

ENTRANCE LOBBY
To

RETAIL CAFETERIA
16‘ 8&quote; x 25‘ 1&quote; (5.08m x 7.65m) overall. With tiled floor (non slip covering), fitted Italian coffee machine, glazed cold shelves and Italian counter, drinks fridge, meter cupboard, sink unit, till area.

RETAIL CAFETERIA (SECOND IMAGE)


FOOD KITCHEN
11‘ 1&quote; x 9‘ 3&quote; (3.38m x 2.82m). With large stainless steel double oven, ice making machine, three door stainless steel counter fridge, bread oven, grill, sink. All stainless steel equipment.

SERVERY


FOOD PREP ROOM
11‘ 8&quote; x 7‘ 4&quote; (3.56m x 2.24m). With fitted stainless steel tables, bacon slicer, various other stainless steel equipment, CCTV link, two upright fridges, three uprights freezers.

SIDE LOBBY
With understairs cupboard.

SEPARATE SIDE ENTRANCE HALL
To the residential accommodation.

THE RESIDENTIAL ACCOMMODATION
Providing

SEPARATE SIDE ENTRANCE HALL
From street level with entry door. Staircase to

FIRST FLOOR


LANDING
To

STAFF W.C.
With separate shower, w.c. and wash hand basin.

MAIN LANDING
To

KITCHEN
11‘ 9&quote; x 13‘ 7&quote; (3.58m x 4.14m). With fitted floor cupboards, 1 12 bowl sink unit.

STORE ROOM
15‘ 0&quote; x 8‘ 9&quote; (4.57m x 2.67m). With fitted chest freezer.

STORE ROOM
13‘ 7&quote; x 14‘ 7&quote; (4.14m x 4.45m).

SECOND FLOOR
Divided as three rooms.

ROOM 1
13‘ 8&quote; x 11‘ 6&quote; (4.17m x 3.51m).

ROOM 2
14‘ 9&quote; x 12‘ 0&quote; (4.50m x 3.66m).

ROOM 3
15‘ 3&quote; x 8‘ 6&quote; (4.65m x 2.59m).

THIRD FLOOR


ATTIC STYLE ACCOMMODATION
23‘ 10&quote; x 21‘ 9&quote; (7.26m x 6.63m). Into eaves.

EXTERNALLY
No external curtilage.

FRONT ELEVATION


ACCOUNTS
An indication of turnover is available to bona fide Applicants only.

The name ‘Spartacus‘ will not be sold as part of the business as the Proprietors have other business interests with the same name and thus the premises name will require re-branding.

AGENT‘S COMMENTS
A well established flourishing business opportunity for sale only on retirement of the existing OwnersProprietors. The property is strategically located in one of the busiest footfall position within this University Town and Coastal Resort.

"

Property Location

Average Price
Crime
Nearby Schools
Ysgol Padarn Sant
0.3mi
Ysgol Plascrug
0.4mi
Yr Ysgol Gymraeg
0.6mi
Ysgol Gyfun Penweddig
0.7mi
Ysgol Penglais
1.0mi
Nearby Stations
Aberystwyth Station
0.0mi
Borth Station
5.4mi
Aberdovey Station
9.0mi
Penhelig Station
9.2mi
Tywyn Station
11.8mi
Schools
Stations
On the map
Road view

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