Description
A rare investment opportunity to purchase a retail unit with the benefit of three one bedroom flats. Situated in Pendre, Cardigan, the property offers the possibility of an owner occupier with additional income streams or an investment. The flats have recently been let generating an income of approximately £15,600 per annum, with the retail unit generating an additional £5,200, there maybe an opportunity to improve the rentals as the current tenants have been given notice to vacate.
SHOP
N/A
Main Retail Area
Glazed entrance door, tiled floor, tiled walls, front display window, stone walls.
Second Retail Area
Glazed door, tiled floor and walls, coved ceiling.
Staff Room
Velux window, stainless steel sink unit with storage unit under, door to WC.
FLAT 1
N/A
Hallway
Radiator, door to:-
Bathroom
Shower, hand wash basin with tiled splashback, WC, vinyl floor.
Kitchen
Having a range of wall and base units, stainless steel sink unit, tiled splashback, vinyl floor, radiator.
Living Room
Radiator, door to rear, double glazed window.
Bedroom
Radiator, window.
FLAT 2
N/A
Entrance
Glazed door, door to:-
Bathroom
Bath, WC, hand wash basin, vinyl flooring, uPVC double glazed window, loft hatch.
Kitchen
Having a range of wall and base units, stainless steel sink unit, vinyl floor, uPVC double glazed window, tiled splashback, storage cupboard.
Living Room
Radiator, coved ceiling, double glazed window.
Bedroom
Coved ceiling, radiator, double glazed window, fire exit door.
FLAT 3
N/A
Hallway
Doors to:-
Bathroom
Shower, hand wash basin, WC, tiled splashback, vinyl flooring.
Bedroom One
Double glazed window.
Bedroom Two/Living Room
Storage heater, double glazed bay window.
Kitchen
Having a range of wall and base units, double glazed window, tiled splashback, stainless steel sink unit, vinyl flooring.
Utilities and Services
Heating Source:
Services:
Electric: Mains
Water: Mains
Drainage: Mains
Tenure: Freehold and available with vacant possession upon completion.
Local Authority: Ceredigion County Council
Council Tax:
What3Words: ///standards.permit.bucks
Anti Money Laundering & Ability To Purchase
Please note when making an offer we will require information to enable us to confirm all parties identities as required by Anti Money Laundering (AML) Regulations. We may also conduct a digital search to confirm your identity.
We will also require full proof of funds such as a mortgage agreement in principle, proof of cash deposit or if no mortgage is required, we will require sight of a bank statement. Should the purchase be funded through the sale of another property, we will require confirmation the sale is sufficient enough to cover the purchase.
Broadband Availability
According to the Ofcom website, this property has both standard and superfast broadband available, with speeds up to Standard 1mbps upload and 18mbps download and Superfast 20mbps upload and 80mbps download. Please note this data was obtained from an online search conducted on ofcom.org.uk and was correct at the time of production.
Some rural areas are yet to have the infrastructure upgraded and there are alternative options which include satellite and mobile broadband available. Prospective buyers should make their own enquiries into the availability of services with their chosen provider.
Mobile Phone Coverage
The Ofcom website states that the property has the following indoor mobile coverage
EE - Good outdoor, variable in-home
Three - Good outdoor
O2 - Good outdoor
Vodafone. - Good outdoor
Results are predictions and not a guarantee. Actual services available may be different from results and may be affected by network outages. Please note this data was obtained from an online search conducted on ofcom.org.uk and was correct at the time of production. Prospective buyers should make their own enquiries into the availability of services with their chosen provider.
