Commercial Property for sale

1A/2, Alexandra Road, Aberystwyth, SY23

Guide Price £250,000

Property Description

Commercial information

  • Use class orders: A3 Restaurants and Cafes

Key features

  • Situated in a prime trading position
  • Valuable leasehold premises trading as the Express Café
  • Huge potential as existing or change of use (subject to permission)
  • Close proximity to the new Marks & Spencer/Tesco development (subject to planning)
  • Adaptable accommodation on the upper floors for residential use or further commercial use, i.e. further seating to restaurant
  • Leasehold
  • For Sale with vacant possession
  • Commercial EPC Rating = 131 (F)

Full description

Situated in a prime trading position, valuable leasehold premises trading as the Express Café, providing huge potential as existing or change of use (subject to permission). Close proximity to the new Marks & Spencer/Tesco development, (subject to planning). Adaptable accommodation on the upper floors for residential use or further commercial use, i.e. further seating to restaurant. Leasehold. For Sale with vacant possession. Commercial Energy Efficiency Rating = 131 (F). Cpr

General Remarks & Situation - 1A & 2 Alexandra Road, currently trading as Express Caf, is a substantial mid terrace property occupying a prominent corner, return frontage location within this popular West Wales and noted coastal town of Aberystwyth. The town is the administrative centre for the Welsh Assembly Government and provides a wide range of business, leisure, educational, and shopping facilities. In addition it is a popular tourist location, in principle the administrative centre for West Wales coast.

The premises are in a prime position directly opposite the Aberystwyth Railway Station and Wetherspoons. A pedestrian crossing from the Station leads into the town centre is immediately in front of the building, in addition a recent re-developed main coach station is adjacent to the premises and provides further excellent footfall of traffic leading from the railway and coach terminals within the town.

This area of town is also earmarked for a substantial retail development in the near future which will include, subject to planning, Marks & Spencers and a Tesco Superstore, which will further enhance the propertys location significantly improve this corner of Aberystwyth. This re-development has now commenced and further details are available from the local authority.

The property is currently run as the Express Caf, primarily a fish & chip shop, combined eat-in & takeaway premises. It is well suited to its current use and there is further potential to convert the upper floor to provide further seating which indeed many years ago was the case.

The Premises - The building was constructed approximately 130 years ago and is set out on four floors of accommodation is of a conventional construction. The external walls are predominately brickwork with ornate dressed stone to the front facade. The principle roof is of interlocking pitches with slate covering.

A program of refurbishment has been ongoing to retain the building and particular repairs given to the roof and windows in order to maintain the external fabric and main envelope of the property. Further internal refurbishment particularly to the upper floors will be required.

Accommodation - The accommodation is primarily set out as follows

On The Ground Floor -

Fish Restaurant/Takeaway - 522 sq ft / 48 sq mtr

Second Restaurant Area - 227 sq ft / 21 sq mtr

Office - 61 sq ft / 6 sq mtr

Kitchen - 252 sq ft / 23 sq mtr

Store - 124 sq ft / 12 sq mtr

On The First Floor -

Former Cafe - 431 sq ft / 40 sq mtr

Kitchen Area - 112 sq ft / 10 sq mtr

Office - 219 sq ft / 20 sq mtr

Kitchen Area - 101 sq ft / 9 sq mtr

Wc - 17 sq ft / 2 sq mtr

Bathroom - 39 sq ft / 4 sq mtr

Store - 151 sq ft / 14 sq mtr

On The Second Floor -

Store - 193 sq ft / 18 sq mtr

Store - 151 sq ft / 14 sq mtr

Store - 101 sq ft / 9 sq mtr

Bedroom - 149 sq ft / 14 sq mtr

Bathroom/Wc - 66 sq ft / 6 sq mtr

Bedroom - 107 sq ft / 10 sq mtr

On The Third Floor -

Store - 145 sq ft / 13 sq mtr

Store - 149 sq ft / 14 sq mtr

Store - 76 sq ft / 7 sq mtr

Store - 85 sq ft / 8 sq mtr

Store - 124 sq ft / 12 sq mtr

Bathroom/Wc - 66 sq ft / 6 sq mtr

Bedroom - 108 sq ft / 10 sq mtr

Externally - There is no parking available. To the rear, an enclosed yard.

Tenure & Tenancy - The property is Leasehold, initial lease from the 29th April 2004, 125 years on a full repair and insurance basis.
Ground Rent £10,000 per annum

The property is currently occupied by our clients on the Ground Floor, however is available with vacant possession or indeed should purchasers require as an ongoing concern subject to negotiation.

Services - Mains water, electricity, drainage and gas are connected. There is no fixed heating provided within the building.

Outgoings - Council Business Tax Rateable Value to be confirmed.

Viewing - By arrangement with the selling agents Tywyn office on - 01654 710 388

Negotiations - All interested parties are respectfully requested to negotiate direct with the Selling Agents.

Website - To view a complete listing of properties available For Sale or To Let please view our website www.morrismarshall.co.uk Our site enables you to print full sales/rental particulars, book viewings, register your requirements on our mailing list and arrange a valuation of your property.

Ref: - Aberystwyth Office: Tel: 01970 625020
Ref: A15.19 Date: 25.03.15

Mmp Survey Department - If you dont find the home of your dreams through Morris Marshall & Poole then why not let our qualified surveyors inspect and report on the home you have found before you complete the purchase.
We are able to undertake RICS HomeBuyer Reports and RICS Condition Reports that will provide you with a comment on any significant defects or repair items. For further information contact any of our offices.

Energy Performance Certificate - A full copy of the EPC is available on request or by following the link below:
Express Fish & Chips
https://www.ndepcregister.com/direct/report/9148-3011-0628-0000-7295


More information from this agent

Energy Performance Certificates (EPCs)

Nearest station

  • Aberystwyth (0.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Morris Marshall & Poole, Aberystwyth

23 Terrace Road, Aberystwyth, SY23 1NP

01970 595003 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Aberystwyth (0.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Morris Marshall & Poole, Aberystwyth

23 Terrace Road, Aberystwyth, SY23 1NP

01970 595003 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 25565843. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Morris Marshall & Poole, Aberystwyth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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