Terrace Road, Aberystwyth, Ceredigion, SY23 1NP
10 Chalybeate Street
Tel: 01970 624328
About the Property
COMMERCIAL INVESTMENT PROPERTY FOR SALE. In one of the best trading positions close to the main shopping centre and adjoining one of the town’s main access points, a freehold commercial investment property for sale which currently fully let and offers a ground floor cafe business with a 3 bedroom HMO maisonette on the upper parts, conveniently situated in the town centre and close to the railway station, ideal investment property.
- Commercial Investment
- Cafe Business
- 3 Bed Maisonette
- Town Centre Location
Situation and Location
This commercial property is situated in one of the busiest shopping streets in Aberystwyth, being close to the main banks and shops and is some 200 meters from the railway station and seaside promenade. 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 main building is built of stone/brick walls which support a pitched roof laid with slate.
The property provides two self contained units with a good mixture between commercial cafe premises on the ground floor and a residential letting unit on the upper floors.
A traditional shop front with double display windows with a central glazed entrance door leading to:
Cafe Dining Area
26' x 18' (7.92m x 5.49m)
3 large wall-mounted feature mirrors. Cluster of 11 tables with seating for 4 and additional seating for 2, with total table covers for 46. Door to rear outside yard. Internal door leading to:
13'5 x 12'6 (4.09m x 3.81m)
Currently fully equipped commercial style kitchen with extractor hood.
A yard with adjoining freezer/store room. Toilet with low flush WC.
A separate communal front entrance door leading to:
Patterned tiled floor. Door returning to cafe. Electric meters for top floor flat. Gas meter for flat and cafe.
Panelled bath and shower cubicle with 'Mira' electric shower unit above. Low flush WC. Pedestal wash hand basin. Panelled radiator.
Access to attic space.
Central Landing of the Main Building
Electric consumer unit. Telephone extension point. Stairs to second floor. Door to:
14'7 x 14' (4.45m x 4.27m)
Range of modern fitted cupboards comprising 6 base cupboards and 6 drawer cupboards. Worktops above incorporating 4 ring gas hob. Single drainer stainless steel sink. Electric built-in oven. 3 twin power points. Cooker control with power point. Double panelled radiator. Alcove fitted cupboard housing wall-mounted 'Worcester' boiler which heats hot water and central heating.
23'7 x11'7 (7.19m x 3.53m)
Bay window and other window to front. Double panelled radiator. 3 twin power points.
Approached by easy rise staircase to:
13'6 x 11'1 (4.11m x 3.38m)
Window to rear. 3 twin power points. Panelled radiator. Door to:
Low flush WC.
14'6 x 13'9 (4.42m x 4.19m)
Bay window to front. 2 twin power points. Alcove fitted cupboard.
Mains electric, gas, water and drainage connected. Council Tax Band 'C' for the maisonette.
This is an excellent opportunity of purchasing a freehold investment property with a good tenant mix with an established cafe business on the ground floor and being located close to the bus terminus and train station. The cafe is popular with visitors and local regulars. The residential part is currently let on an assured shorthold tenancy and provides a strong rental income. Alternatively, the upper parts could provide private living accommodation, if required. The property has been well maintained in recent years and can be found in satisfactory standard of condition. For further details apply to Lloyd Herbert & Jones who will be pleased to arrange your viewing.
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.
The successful purchaser will be required to produce adequate identification to prove their identity within the terms of the Money Laundering Regulations. Appropriate examples include: Passport/Photo Driving Licence and a recent Utility Bill.