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

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, this is a fantastic opportunity to take on a well-established, productive holiday let apartment with retail business opportunity below. 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 it is or, subject to planning and listed building permission, being converted into a lovely 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 aspect 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.