Fixed price
£120,000
(£85.29/sq. ft)
Retail premises for saleVale Road, Rhyl LL18
1,407 sq. ft
Just added
About this property
*freehold mixed-use investment - Retail unit with two-bedroom flat above, Vale Road, Rhyl, LL18*
An opportunity to acquire the freehold of this two-storey mixed-use property, comprising a ground-floor retail unit and a self-contained two-bedroom flat above, extending to approximately 1,407 sq ft (130.7 sq m) in total.
The ground floor is an established retail premises, currently trading as a dry cleaning and ironing business, with a prominent glazed shop front, main sales area, rear kitchen/preparation room and a workshop/store.
The first-floor flat has its own private entrance and comprises a generous living room, separate kitchen, two bedrooms and a bathroom.
The roof would benefit from refurbishment, offering scope for an incoming owner to add value.
The whole property is currently let to a single tenant producing £12,000 per annum. The flat's separate entrance allows it to be let independently, with the potential to increase the total income to around £15,000-£16,000 per annum across two tenancies - or for an owner-occupier to run the shop and let or live in the flat.
A versatile freehold that will suit investors looking for existing income with clear uplift potential, or an owner-occupier seeking premises with accommodation above.
An opportunity to acquire the freehold of this two-storey mixed-use property, comprising a ground-floor retail unit and a self-contained two-bedroom flat above, extending to approximately 1,407 sq ft (130.7 sq m) in total.
The ground floor is an established retail premises, currently trading as a dry cleaning and ironing business, with a prominent glazed shop front, main sales area, rear kitchen/preparation room and a workshop/store.
The first-floor flat has its own private entrance and comprises a generous living room, separate kitchen, two bedrooms and a bathroom.
The roof would benefit from refurbishment, offering scope for an incoming owner to add value.
The whole property is currently let to a single tenant producing £12,000 per annum. The flat's separate entrance allows it to be let independently, with the potential to increase the total income to around £15,000-£16,000 per annum across two tenancies - or for an owner-occupier to run the shop and let or live in the flat.
A versatile freehold that will suit investors looking for existing income with clear uplift potential, or an owner-occupier seeking premises with accommodation above.
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Monthly repayment
£600 per month
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