Commercial property for sale in Bridge Street, Lampeter SA48

*** Prominent Town Centre position *** Commercial and residential investment opportunity *** Currently let as a Chinese Restaurant/Takeaway with flat above *** Two storied flat with 6 bedrooms, 2 bathrooms and separate kitchen *** Rear parking area for a number of vehicles with access via rear service lane *** Separate access to the first floor accommodation

*** Fantastic income potential - Lease in place with rent of £18,000 per annum *** Restaurant consisting of bar/reception area, restaurant and seating area *** Gents and Ladies w.c.'s *** Kitchen and Prep room - 5* Rating *** Popular establishment with good roadside frontage and good public footfall *** Backing onto the University of Lampeter Trinity St David Campus with Lampeter being a popular Town serving a large hinterland *** Contact us for further information ***

From our Lampeter office turn left onto Bridge Street, and after approx 200yds an the property will be found on the left hand side, next to the Mark Lane Bakery.

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We are informed by the current Vendors that the property benefits from mains water, mains electricity, mains drainage, mains gas. (The flat has night storage heating) UPVC double glazing, telephone subject to B.T. Transfer regulations, Broadband subject to confirmation by your Provider. The property has recently been re-roofed.

Location

Lampeter is located in the heart of the Teifi Valley is a strategic University Town 12 miles inland from the Cardigan Bay coast of Aberaeron and 20 or so miles North of Carmarthen. The premises lie within the town centre backing onto the University campus and enjoying good footfall and in a prominent position.

General

Prominent town centre property of mixed use with an investment opportunity. It offers currently an established and popular Chinese Restaurant and Takeaway along with a 6 bedroomed flat to the first and second floors.

Both units are currently leased by the same tenant and providing an annual rental income of £18,000. The property is substantial, with good shop frontage and to the rear enjoys ample parking area on tarmacamed driveway with access via rear service lane. The property backs onto the University Of Trinity St. David Campus and Lampeter as a town, is a thriving former market town that serves a large hinterland.

This property provides potential purchasers a healthy income potential.

The property in particular now offers the following:-

Restaurant/shop

25' 7" x 18' 8" (7.80m x 5.69m) with large street frontage, front entrance door. Seating and bar area. Opening onto the main restaurant. Air conditioning unit.

Rear hall

With side entrance door to alleyway.

Ladies W.C.

Gents W.C.,

Staff/ store room

6' 5" x 4' 8" (1.96m x 1.42m) Fully tiled.

Restaurant kitchen

24' 0" x 11' 7" (7.32m x 3.53m) With a fully fitted and functioning kitchen with good range of stainless catering equipment. Cookers, extractor fans etc.

Freezer room / prep room

11' 5" x 8' 7" (3.48m x 2.62m) With rear entrance door to alleyway.

Flat

Accessed via external steels staircase from the alleyway.

Hallway

With UPVC entrance door.

Kitchen

13' 5" x 11' 7" (4.09m x 3.53m) with fitted kitchen wall and floor units. Electric cooker point and space. Stainless Steel sink and drainer unit. Plumbing for washing machine and tumble drier.

Bathroom 1
With low level flush w.c. Pedestal wash hand basin, corner shower cubicle with Triton heated shower.

Bathroom 2
With low level flush w.c. Pedestal wash hand basin, corner shower cubicle with Triton heated shower.

Bedroom 1 ( rear )
12' 6" x 11' 5" (3.81m x 3.48m) with night storage heater.

Bedroom ( front )
10' 6" x 7' 2" (3.20m x 2.18m) with night storage heater.

Bedroom 3 (front)
12' 8" x 13' 0" (3.86m x 3.96m) with night storage heater.

Second floor

Bedroom 4 ( rear )
12' 6" x 11' 9" (3.81m x 3.58m) with night storage heater.

Bedroom 5 ( front )
13' 8" x 10' 9" (4.17m x 3.28m) with feature original fireplace. Night storage heater.

Bedroom 6 (front)
10' 3" x 7' 3" (3.12m x 2.21m) with night storage heater.

Externally

timber built garden store

parking and driveway

A large parking area to serve both restaurant and flat. Accessed via side service lane from Bridge Street.

Street views

front of property

rear of property

Council tax Band
The property is listed under the Local Authority of Ceredigion County Council. Council Tax Band for the flat - 'B'