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Wellington Road, Rhyl, Denbighshire, LL18

Key features

  • Two retail units
  • Two self contained apartments
  • Excellent road side presence
  • Potential Yield of 7%
  • Approximate gross income of £20,500

Description

A superb opportunity to acquire the freehold title of this investment property consisting two retail units and two self contained apartments. As investments the property produces a gross annual income of approximately £20,500.

Tenrue - Freehold

Property - A superb opportunity to acquire the freehold title of this investment property consisting two retail units and two self contained apartments. As investments the property produces a gross annual income of approximately £20,500.

This represents a potential yield of 7% on gross income with potential to further improve the investment yield.

All units and flats are on an individual electric meter and services.

Unit 1 - Barbershop - 26.93 MSQ / 289.87 SQFT - A large open plan barbershop with a toilet facility currently LET for £420 PCM. Occupying a corner plot with strong roadside presence.

EPC RATING - 84 = D

Unit 2 - Massage Therapy - 37.9 MSQ / 407.9 SQFT - A well proportioned retail unit currently split into two treatment rooms, a reception area and a storage cupboard & WC room, currently LET for £330 PCM. This unit also has a strong roadside presence.

Flats - The self-contained flats each comprise a spacious lounge, a modern kitchen/ breakfast room, a modern shower/bathroom and two well proportioned bedrooms. Each flat benefits from gas central heating and are believed to be connected to mains services. Both flats are currently LET to long serving tenants and are currently LET for £480.00 PCM.

Communal Yard - To the side of the establishment is a large courtyard ideal for storage and bin housing.

Viewings And Notice - Strictly by appointment only with a representative of Prys Jones Commercial.

Prys Jones Commercial has not tested any fixtures and fittings and cannot therefore guarantee they are in working order.

Brochures

Wellington Road, Rhyl, Denbighshire, LL18Brochure
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.
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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.
Yes
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

Wellington Road, Rhyl, Denbighshire, LL18

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Rhyl Station0.2 miles
  • Prestatyn Station3.8 miles
  • Abergele & Pensarn Station4.1 miles
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About the agent

Prys Jones & Booth, Abergele

Nelson House Water Street, Abergele, LL22 7SH

Prys Jones & Booth, Abergele

Prys Jones & Booth Estate Agents and Chartered Surveyors was established in 1974 by David Prys Jones F.R.I.C.S, marking five decades of exemplary service in facilitating property transactions across the North Wales region. Today, under the adept leadership of David's son, Iwan Prys Jones BSc, MRICS Registered Valuer, our firm has experienced remarkable growth, expanding our portfolio to encompass a comprehensive range of real estate services.

Aligned with rigorous RICS standards, we spe

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Industry affiliations

Royal Institute of Chartered Surveyors

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Disclaimer - Property reference 32915262. 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 Prys Jones & Booth, Abergele. 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.

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