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COMMERCIAL

Priory Street, Cardigan

Guide Price
£220,000
eXp UK, Wales
PROPERTY TYPE

Cafe

BEDROOMS

2

BATHROOMS

1

SIZE

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Key features

  • GH0784
  • Steady revenue: £26,000 per annum
  • Online auction
  • Versatile investment opportunity
  • Two-bedroom flat on third floor
  • Commercial area: operating café
  • No chain, easy transaction
  • Close to local amenities
  • Good transport links
  • Viewings recommended!

Description

This unique property on the market, both terraced and commercial, is a worthwhile investment opportunity. The property is in good condition and is currently on the market for sale. It holds a unique charm, combining both residential and commercial features, making it a versatile property for various uses.

The property consists of a commercial area on the first two floors, currently operating as a café. There is a two-bedroom flat on the third floor, ensuring it is not only a business opportunity but a place to call home too. There is one reception room and a kitchen, offering all the essential spaces for comfortable living. The property also includes a bathroom, rounding up the features of this unique space.

The residential section of the property is currently rented at £26,000 per annum, indicating a steady revenue stream. The property is being sold by an online auction and comes with no chain, ensuring a smooth transaction process.

The property is located in a prime location with excellent public transport links, making it easily accessible. It also boasts proximity to local amenities, ensuring all your needs are within reach. In terms of council tax, the property falls under band A, which is an added advantage.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Priory Street, Cardigan

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Fishguard Harbour Station14.8 miles

About the agent

eXp UK, Wales

1 Northumberland Avenue, Trafalgar Square, London, WC2N 5BW

eXp UK, Wales

eXp UK are the newest estate agency business, powering individual agents around the UK to provide a personal service and experience to help get you moved.

Here are the top 7 things you need to know when moving home:

Get your house valued by 3 different agents before you put it on the market

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Notes

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Disclaimer - Property reference S1024492. 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 eXp UK, 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 eXp UK, Wales on 03304 609968.

*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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