Summary - W H SMITHS LTD,18 High Street,CARDIGAN,SA43 1JJ SA43 1JJ
1 bed 1 bath Commercial Property
Large freehold High Street shop let to WH Smith with conversion upside and secure income..
Let to national multiple WH Smith producing £40,000 pa
Freehold building — total area approx. 6,155 sq ft on 0.163 acre
Ground floor sales area c.2,157 sq ft; basement and extensive ancillaries
Tenant on Full Repairing & Insuring lease (tenant responsible for repairs)
Upper floors have residential conversion potential, subject to consents
Three-phase electricity; mains services present but untested
Located on Cardigan High Street — prime retail pitch but local deprivation
Area has high crime rate; inspection recommended to confirm condition
A substantial freehold High Street investment in Cardigan, let to national multiple WH Smith. The double-fronted Victorian shop provides 2,157 sq ft of net ground floor sales and extensive ancillary space across first, second and basement levels, delivering immediate rental income of £40,000 pa.
The property sits on approximately 0.163 acres and totals about 6,155 sq ft overall, with three-phase electricity and a mix of slate and flat roofs. The lease is held on tenant full repairing and insuring (FRI) terms, offering secure near-term cashflow. There is clear asset-management upside: the upper floors are suitable for conversion to residential use (subject to consents) or reconfiguration to increase income.
Buyers should note material local factors: the area is classified as very deprived with a high local crime rate, which may affect long-term footfall and tenant mix. The existing lease structure and potential future reversion dates require careful legal and occupational review. An internal inspection is recommended to assess condition, asset-management opportunities and any remedial works required.
Commercial property for sale in St Mary Street, Cardigan, SA43 — £217,000 • 1 bed • 1 bath • 1580 ft²
Commercial property for sale in St. Mary Street, Cardigan, SA43 — £140,000 • 1 bed • 1 bath • 1449 ft²
Commercial property for sale in Pendre, Cardigan, SA43 — £290,000 • 4 bed • 1 bath • 722 ft²
1 bedroom town house for sale in St. Mary Street, Cardigan, SA43 — £220,000 • 1 bed • 1 bath • 551 ft²
Commercial property for sale in Pwllhai, Cardigan, SA43 — £40,000 • 1 bed • 1 bath
Commercial property for sale in High Street, Cardigan, SA43 — £250,000 • 1 bed • 1 bath • 2000 ft²
