17-18 High Street, Cardigan, Dyfed, SA43 1JJ

Guide Price = £275,000+

**For Sale By Public Auction 7th October 2026 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack**

A Substantial End of Terrace Commercial Building in a Prominent Town Centre Location arranged over Ground, First & Second Floors. Asset Management & Residential Conversion Potential (Subject to Obtaining all Relevant Consents). Offered with Vacant Possession. Recent passing rent of £40,000 per annum


Tenure
Freehold

Location
The property occupies a prominent trading position on the east side of High Street, the main commercial and retail thoroughfare in Cardigan town centre. Nearby occupiers include a mix of national retailers and established local independent businesses.

Description
The property comprises a substantial end-of-terrace commercial building arranged over ground, first, and second floor levels. The premises feature an expansive ground floor commercial space together with flexible upper-floor accommodation suitable for alternative uses or re-configuration.

Accommodation
Ground Floor
Retail Area
G.I.A. Approx. 3,877 sq ft

First Floor
Offices and Ancillary Space
G.I.A. Approx. 1,163 sq ft

Second Floor
Ancillary Space
G.I.A. Approx. 1,115 sq ft

Total G.I.A. Approx. 6,155 sq ft

Tenancy
The property is let to TG Jones for £40,000 per annum until the 1st October 2026 which is when the property will become vacant.

Planning
The property offers significant asset management and conversion potential to residential or mixed-use upper floors, subject to obtaining all relevant statutory consents.

For all enquiries, please contact Max at

Addendum
Please note that this property is subject to a Buyers Premium of £1,200 inc VAT. This is in addition to the buyer's admin fee of £1,800 inc VAT charged by the auctioneers. Both fees are payable to the auctioneers.

The Tenant has entered into restructuring plans, under which the Seller has the option to serve a Notice to Vacate.

The Seller has served a Notice to Vacate requiring the Tenant to vacate the property by no later than 1st October 2026.

The Tenant has in turn sent the Seller a draft deed of surrender by way of form TR1.

The Buyer acknowledges and agrees that:

(a) the Property is sold subject to the Lease;

(b) the Tenant has sent the Buyer a draft deed of surrender by way of form TR1;

(c) the Seller has disclosed to the Buyer the draft deed of surrender;

(d) the proposed deed of surrender provides, amongst other things, for the determination of the Lease and the release of the Tenant from all tenant covenants, liabilities and obligations arising under or in connection with the Lease, including any liability in respect of dilapidations;

(e) no deed of surrender has been completed as at the date of the Auction and the Seller gives no representation, warranty or undertaking that the proposed surrender will be completed or will take effect on or before 1 October 2026 or at all;

(f) the Buyer shall raise no requisition, objection or claim arising out of or in connection with the proposed surrender of the Lease, the terms of the proposed deed of surrender, or the failure of any proposed surrender to complete;

(g) with effect from Completion, the benefit of any negotiations, correspondence and arrangements relating to the proposed surrender of the Lease shall pass to the Buyer to the extent capable of assignment; and

(h) following Completion, the Buyer shall be solely responsible for all matters relating to any proposed surrender of the Lease and any release of the Tenant from liability under the Lease.