Summary - Cnwce, Cilgerran, Cardigan, Pembrokeshire, SA43 SA43 2SR
1 bed 1 bath Industrial Development
Freehold warehouse with tenant income and strong redevelopment potential in a village setting.
- Freehold industrial premises, classed B8 Storage and Distribution
- Long-standing tenant in occupation; willing to sign a 5-year lease
- Divided into three main areas; includes office, cloakrooms, dressing rooms
- Below-ground storage in a more modern linked section
- Off-street private parking plus ample roadside parking to the front
- Potential for conversion subject to planning and statutory consents
- Slow broadband and very deprived local area may limit some uses
- No flood risk; mobile signal excellent; requires refurbishment
A substantial freehold industrial building in Cilgerran currently trading as a retail warehouse and used for storage and discounted designer clothes. The property is classed B8 (Storage & Distribution) and is divided into three main areas: a large open-plan main hall with sectioned office, cloakrooms and dressing rooms, a modern link with below-ground storage and generous roadside and private off-street parking.
The existing tenant has occupied the premises for several years, is currently rolling over and has indicated willingness to sign a new five-year lease for a purchaser. That immediate income potential sits alongside clear redevelopment upside: subject to planning and other statutory consents the building could be adapted to a range of uses (multiple small residential units, workshops, restaurant or mixed commercial uses).
Practical considerations: the building requires refurbishment for alternative uses, and conversion will need consents and further investment. Broadband speeds are slow and the local area is classified as very deprived and remoter rural — factors that may affect some uses. On the positive side there is no flood risk, crime is low and mobile signal is excellent, making it suitable for continued commercial operation or sensitive redevelopment.
This is a pragmatic opportunity for an investor or developer seeking a rural industrial asset with immediate rental prospects and significant scope for repurposing and value addition in a village location of North Pembrokeshire.
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