Located in the middle of Cardigan's main retail area, a prominent shop unit with storage office and staff kitchen to rear. On the upper floors is a large flat with lounge/diner, kitchen, WC and storage space on the first floor with bathroom/WC along with the potential for 2 bedrooms/dressing room on the second floor.
High street is part of Cardigan's main town centre retail area which has a good mix of national and local traders. The town is located close to the coast on the boundary between North Pembrokeshire and Ceredigion and is the the largest settlement in the area. It therefore serves not only the local population but also the busy holiday trade, especially in the summer months and around school holidays.
The main retail area to the front has been fully fitted to a high standard and currently extends to approximately 387 sq ft (36.03 sq m). Immediately behind this is a store room, which, by removal of a lightweight petition could be included in the retail area providing an additional 113 sq ft (10.47 sq m). To the rear of this is a room currently used as an office as well as staff kitchen and WC. The two upper floors form a self contained flat, accessed off the storage area although the building has a side alley way so that separate access can be gained to the rear store without going through the shop. The upper floor flat, between the two floors, has a fitted kitchen, bathroom, lounge/dining area as well as various bedrooms and stores etc.
The premises are available on a new lease on full repairing and insuring terms with the tenant to be responsible for local authority rates, utility costs and other usual outgoings.
£15,000 per annum subject to review at 3 yearly intervals.
According to the voa website, ratable value of the premises is £11,500 which would make the rates payable for the whole of the 2018/2019 financial year approximately £5,900. However there are schemes for which an occupier can apply which may gave a relief from at least some of the rates payable.
Copies of the EPC for each of the shop and flat are available from John Francis Commercial Dept
Immediately upon completion of legal formalities.
Please contact David Cochlin in our Commercial Department on or via email on .
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