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£250,000

St. Mary Street, Cardigan, Ceredigion, SA43 1HA

  • 1 bed
Detached house

£250,000

  • 1 bed
Detached house
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Estimate monthly mortgage payment:

£1,141 per month

Minimum deposit amount:

£12,500
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A stunning, landmark building, in part of Cardigan’s Historic Quarter full of original character, situated in a vibrant part of the increasingly popular market town of Cardigan. For sale due to retirement, and for sale for the first time in 30 years, offering a unique owner/occupier opportunity, this is a fantastic chance to purchase a freehold retail shop unit with a 1-bedroom flat above. The building is mixed-use with a shop-fronted commercial unit on the ground floor and a 1 bedroom residential flat on the first floor, with gorgeous views over the rear gardens of Cardigan Castle. The entire property is Grade II Listed and is just off the high street and lends itself well to either being kept as a mixed residential/commercial property, or, subject to planning and listed building permission, being converted into a beautiful townhouse.

The flat is accessed independently of the retail space so this can be leased out separately to the retail area, and the flat has been let out on long let in the past and has also been a holiday let, making this a very versatile property in a stunning location.

The commercial space has a current rateable value of £4,100 (although the current owner qualifies for small business rates relief, new owners will need to apply). And the top floor residential, 1 bedroom flat previously being let at £750 per calendar month – this rent included all services as these are currently all connected to the shop.

The town has all local amenities on offer, such as an integrated care centre, a primary and secondary school, shops, supermarkets, cafes, restaurants, pubs, a theatre and so much more. And all within easy driving distance of the west Wales coast of Cardigan Bay and its many pretty, sandy beaches.

Access is off the pavement from the street in front of the building up two slate steps into the vestibule. Doors from here go into the retail space, and another door gives access, via stairs, to the flat above.

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