Fantastic commercial/residential investment opportunity freehold 4400 sq ft Town centre Shop/Business Premises with 32 ft display window frontage and upper self contained accommodation 2400 sq ft arranged as four flats (3 x 1 bed 1 x 2 bed). All currently let commanding £35k rent per annum. Shop some 2000 sq ft is let at £13,000 per annum. Upper accommodation commanding £21,660 per annum. In excellent Location close the the new Tesco Development. Viewing strictly by appointment. EER 66.
Situation And Location
The property is conveniently situated being close to the Train Station, other social and shopping facilities in the town centre. Aberystwyth continues to enjoy a popular town in which to reside. Chalybeate Street is one of the busiest through fare of cars and people walking in to town from the Tesco/M&S Development car parking and bus stops.
Construction
The construction of the main building is of solid stone/brick walls with external elevations rendered and painted. The roof is slated.
Ground Floor
Currently let on a 3 year lease at £13,000 per annum ending in November 2021, Tenant looking to renew another 3 year lease.
Main Sales Area (35' x 30' (10.67m x 9.14m))
With two display windows to front with central glazed entrance door. Serving counter. Modern display units with shelves. Key cutting counter. Managers office. Door to:
Store Room (17'6 x 9'4 (5.33m x 2.84m))
With service door to front. Stairs to First Floor storage room.
Rear Sales Area (31'9 x 27'6 (9.68m x 8.38m))
Staff Rest Room (7'6 x 6 (2.29m x 0.15m))
With single drainer stainless steel sink with cold tap with electric hot water heater.
Toilet
With low flush W.C.
Outside
Enclosed rear yard. Partly covered.
Upper Residential Accomodation
Approached by front glazed door to street. Turned Main Staircase to
First Floor
Flat 4
Some 700 approx sf ft. Currently let on a periodic tenancy at £525 per month, Central Hall with doors off to
Bathroom
With panelled bath with shower attachment, W.c, pedestal wash hand basin, Storage
Kithen/Diner
Well lit room with two windows, two walls of kitchen units. Cooker and Fridge provided. Utility Cupboard with plumbing for washing machine. Night storage heater.
Rear Bedroom
With window to rear
Double Front Bedroom
Wall mounted panel heater
Spacious Lounge (16' x 10' (4.88m x 3.05m))
Well lit with two windows and night storage heater
Second Floor
Main Staircase to Central Hall with doors off t:
Flat 1
Some 350 sq ft. Let on an assured shorthold tenancy. Hall to
Open Plan Kitchen/Diner
Well lit room with one wall of kitchen units.
Bedroom
Small Double
Bathroom
White bathroom suite comprising Bath, W.C. And Wash-hand Basin.
Flat 2
Some 450 sq ft. Let on an assured shorthold tenancy. Hall to
Open Plan Living/Kitchen (14' x 10 (4.27m x 0.25m))
With large window to front, one wall of kitchen units.
Bedroom
Small double
Bathroom
White bathroom suite comprising Bath, W.C. And Wash-hand Basin. No shower.
Flat 3
Some 400 sq ft. Let on an periodic tenancy at £380 pcm. Hall to
Open Plan/Kitchen
With large window to front, one wall of kitchen units.
Bedroom
Bathroom
White bathroom suite comprising Bath, W.C. And Wash-hand Basin
Services
Mains electricity, water and drainage.
Rent
The shop is let on a three year lease finishing in November 2021 with the current tenants looking to renew their lease.
General
This is an excellent opportunity of acquiring conveniently located premise in the town centre.
There are many lines of business opportunities which can be offered.
Viewing Information
Please contact the office to arrange a viewing.
Important Information
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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