Bridge Street, Aberaeron, Ceredigon

Offers in the region of £350,000


  • Fully Let Investment Premises
  • Boots UK Ltd Retail Unit Tenant
  • Two Self-Contained Upper Floor Flats
  • Gross Income £23,476 pa

Location
Located on the West Wales coast, Aberaeron is a very popular picturesque family holiday destination. The A487 passes through the town and is the main coast road from Aberystwyth and the north to Cardigan in the south. The town benefits from the busy influx of holiday makers especially in the summer months and during school holidays, but also serves as a focal point for the local community throughout the whole of the year.

Tenancies
The ground floor retail unit is let to Boots UK Ltd for a term of 5 years from the 21 May 2015 at a rent of £16,000 per annum. The tenant is responsible for the payment of Local Authority rates and for internal maintenance.
The two upper floor flats are each let on standard AST agreements with the tenant of Flat 1 paying £320 per month and Flat 2 paying £303 per month. Both tenants pay Local Authority rates and utility costs.

Tenure
The premises are available freehold subject to the tenancies of the ground floor retail unit and the upper floor flats.
Interested parties should note that while the sale includes the two upper floors above two retail units, it does include the ground floor retail unit currently trading as JR Evans & Co. Our clients inform us that this is held on a freehold basis on a separate title to the one they have instructed us to sell.

Price
Offers are invited in the region of £350,000.

Energy Performance Certificate
A copy of the Energy Performance Certificate for the shop and flats are available from John Francis Commercial Department.

Availability
Immediately upon completion of legal formalities.

Viewing Arrangements
Strictly by appointment with the Selling Agents who will need to make arrangements for access to the building which may take a few days as a result of it being fully occupied. Please therefore contact either David Cochlin in our Commercial Department on 01834 861810 or by email on dc@johnfrancis.co.uk or commercialwest@johnfrancis.co.uk

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