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** 300 sq.ft. prominent retail premises ** Large 3 bedroom town
apartment ** Aberystwyth Town Centre ** Near Boots, WH Smiths,
Oxfam and Coffee #1 ** Ideal investment opportunity ** Desirable
location ** Located on one of the towns main thoroughfares ** High
level of vehicular and pedestrian activity ** Previously a Barber
Shop ** Rear staff amenities and Storage **
The property is located on Terrace Road, one of the busiest
thoroughfares in Aberystwyth town centre. The town is the
main strategic centre for Mid Wales with university, regional
hospital, Network Rail connections, Welsh Government and Local
Authority offices and traditional high street offerings,
supermarkets, retail parks, primary and secondary schools, 6th form
education, traditional promenade and access to the All Wales
Coastal Path.
The property benefits from mains water, electricity and
drainage. Mains gas connection in Terrace Road.
Business Rates: April 2017 - 25th May 2022 the rateable
value was £9,500. The building is not currently rateable.
GENERAL
A prime investment opportunity located on one of the main town
thoroughfares.
The previous quoting rent for the ground floor is £600pcm for the
retail area with rear storage.
The 3 bed apartment is currently vacant but was previously rented
out at £965pcm (including electric and gas)
The property has the potential to generate over £18,000 income per
annum.
Please note that the property is leasehold and with approximately
110 years left on the leasehold, the freehold being Ceredigion
County Council.
Main Retail Area
11‘ 5"e; x 24‘ 9"e; (3.48m x 7.54m) Accessed via
glass panelled door and boasting a traditional shop front with
floor to ceiling windows providing 8‘5‘‘ display window, suspended
ceiling with LED lights over, laminate effect flooring, multiple
sockets, BT point, rear door into:
Rear Hallway
6‘ 7"e; x 8‘ 2"e; (2.01m x 2.49m) With
radiator.
WC
3‘ 1"e; x 5‘ 7"e; (0.94m x 1.70m) WC, single wash
hand basin, Triton hot water hand wash unit.
APARTMENT
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Having its own side entrance via internal hallway to rear area of
the shop where a separate utility room space is provided
Utility Space
7‘ 7"e; x 8‘ 7"e; (2.31m x 2.62m) washing machine
connection point.
Kitchen
7‘ 8"e; x 20‘ 2"e; (2.34m x 6.15m) with a range of
white base and wall units, fitted oven and grill with gas hobs with
extractor over, stainless steel sink and drainer with mixer tap,
washing machine connection, housing a Worcester wall mounted gas
boiler, rear door to flat roof, eating area, side window.
WC
WC, single wash hand basin on vanity unit, radiator.
Inner Hallway
Bedroom 1
11‘ 1"e; x 7‘ 2"e; (3.38m x 2.18m) double bedroom,
radiator, rear window.
Lounge
16‘ 6"e; x 10‘ 6"e; (5.03m x 3.20m) a good size
living room with 2 x windows to front overlooking the adjoining
street, radiator, multiple sockets.
Second Floor Landing
with access to loft.
Front Bedroom 2
7‘ 9"e; x 11‘ 5"e; (2.36m x 3.48m) double bedroom,
window to front, radiator, multiple sockets.
Front Bedroom 3
10‘ 4"e; x 11‘ 5"e; (3.15m x 3.48m) double bedroom,
window to front, radiator, multiple sockets.
Bathroom
9‘ 7"e; x 12‘ 1"e; (2.92m x 3.68m) a large bathroom
with corner bath, enclosed tiled shower unit, WC, single wash hand
basin, rear window, radiator, xxxxx flooring.
EXTERNAL
To front
The property fronts onto Terrace Road, one of the busiest
thoroughfares within Aberystwyth leading through from the railway
station to the promenade.
TENURE
The property is Leasehold with over 100 years remaining.
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