A wonderful opportunity has arisen to acquire a well positioned investment property comprising of ground floor shop together with 3 bedroomed maisonette over deriving a good income (EER tbc)
A wonderful opportunity has arisen to acquire a well positioned investment property comprising of ground floor shop together with 3 bedroomed maisonette over deriving a good income.
We are pleased to offer for sale this well positioned commercial property situated on the northern edge of North parade on a busy juncture with excellent passing trade comprising of a ground floor retail shop trading as ‘Premier Express’ let under a 20 year lease with 10 years unexpired. There is a side access leading to the 3 bedroomed maisonette which provides for comfortable family accommodation. The total income derived from this property is approximately £16,000 per annum. The HMO licence for the maisonette has recently expired and a new licence has been applied for.
Aberystwyth is a thriving university and market town which has under gone considerable redevelopment over recent years. This property conveniently situated to major employers on the Aberystwyth High St and also to the University, National Library of Wales and Bronglais hospital.
Freehold. Maisonette is let under an assured shorthold tenancy. The shop is let under a 20 year lease (10 years unexpired).
All mains services are connected.
Strictly by appointment with the selling agents; Aled Ellis & Co, 16 Terrace Rd, Aberystwyth. Or
77 North Parade provides for the following accommodation. All room dimensions are approximate. All images have been taken with a wide angle lens.
Approximately 360 sq ft retail area with window displays to both North Parade and Thespian St. The tenants trade as ‘Premier Express’ selling alcohol, tobacco, newspaper and general stores.
With door to shop and stairs to first floor accommodation.
With doors to
With stairs to 2nd floor accommodation, radiator, airing cupboard and door to
A fireplace with gas fire and 3 windows to fore.
Comprises of single drainer sink unit, range of base units with appliance spaces and worktops over. Eye level units and cooker point. Laminated floor and radiator.
With window to side, vanity unit and radiator.
With doors to
With fitted wardrobe, sloping heading, window to side and radiator.
With window to fore, sloping heading, window to side, and radiator.
Comprising shower cubicle with Triton shower, wash hand basin and wc. Window to fore and radiator.
With outside wc.
On foot from the office bear left and turn right onto North Parade (Tesco Express) proceed down the street and the property is the last property on your right hand side on the juncture with Thespian St and opposite Northgate St.
A well positioned investment property, well worthy of inspection.