This mixed-use property presents a unique opportunity for renovation and investment in a central location within the vibrant town of Aberystwyth. Currently, the ground floor is occupied by an established commercial unit functioning as a Welsh bookshop, featuring expansive wraparound windows that enhance its visibility and appeal. Given its layout, the commercial space also holds potential for conversion into residential units, adding to the property's versatility.
At the rear of the shop, access leads to a generous cellar along with an outbuilding that is currently utilized for storage. This outbuilding offers significant possibilities for further development or expansion, making it an attractive option for investors looking to maximize their return.
The property also includes two self-contained studio flats situated above the commercial unit. Both studios are currently leased and provide a reliable income stream. Each flat features an open-plan kitchen and living area, practical shower rooms, and double bedrooms, ensuring a comfortable living environment while maintaining privacy from the commercial space below.
Positioned in this sought-after coastal town, the property benefits from proximity to essential amenities such as schools, a hospital, university, and transport links. The location enjoys high foot traffic due to its tourist appeal yet still offers secure residential options above. Whether you aim to retain it as an income-generating asset, convert it entirely for residential use, or pursue further development opportunities, this property stands out as a promising venture with numerous possibilities.