37 High Street, Cardigan, Ceredigion SA43 1HE
- PROPERTY TYPE
Terraced
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- GUIDE PRICE - £300,000+
Description
Bidding opens Monday 9th November 2026 at Midday and closes Wednesday 11th November 2026 from Midday.
Attractive Mixed Use Town Centre Investment
An opportunity to acquire a substantial mixed use fully let high yielding investment property within the popular town centre of Cardigan, currently producing a combined gross annual income of £53,320. The building comprises of two commercial units and an 8 Bedroom HMO residential accommodation on the first and second floors providing a lucrative income stream from the management of the accommodation which is carried out by the Care Society. The property itself is Grade II Listed with the accommodation recently having been up-graded. The premises are central to this popular and strategic town and include a rear courtyard with outhouses. Both commercial units have accommodation set over two floors.
Cardigan is located on the favoured Cardigan Bay coastline close to the resorts of the region including Aberporth, St Dogmaels, Llangranog, New Quay and Aberaeron and Newport and the North Pembrokeshire to the West.
Commercial Unit A Currently let to R2M&N LIMITED currently trading as an ice cream parlour on a 7 year lease from May 2022 with a passing rent payable of 9,000 per annum. Ground Floor Main Retail area, rear kitchen/prep room, storeroom.
First Floor Storage room with sink drainer unit, cloak w/c.
Commercial Unit B Currently let on a new 3 year Lease to an Art Gallery with a passing annual rent of £9,000 per annum.
Ground Floor Retail/studio room with reception area, further room.
First Floor Additional room, cloak w/c.
Outside Both units benefit from access to the rear courtyard which has an additional outbuilding for further storage.
8 Bedroom HMO On Upper Floors We are advised that the current residential income being produced is £34,320 per annum and as set out on the AST's within the legal pack. Please refer to the legal pack for further information and confirmation of income.
HMO Accommodation Ground Floor - Hallway providing access to the upper floors.
First Floor - Landing, four letting rooms, kitchen, bathroom.
Second Floor - Landing with access to upper attic level currently disused and only used for storage purposes but may provide scope for further accommodation in the future. Four letting rooms, 2nd kitchen, bathroom/shower room.
Viewings No viewings are available to the upper floors due to the current socially care housed tenants. Further information on the property can be obtained from Auction House Wales on or via joint Auctioneers Morgan & Davies (Aberaeron) .
Council Tax Band - A (Flat)
IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.
Tenure: Freehold
EPC Rating: D
Administration Fee: 1.5% inc VAT of the purchase price, subject to a minimum of £2100 inc VAT, payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
37 High Street, Cardigan, Ceredigion SA43 1HE
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Visit our security centre to find out moreDisclaimer - Property reference 202610081608sq_33r7. 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 Auction House Wales, Wales. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House Wales, Wales on 01633 603922.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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