From
£300,000
Property for saleRegent Street, Wrexham LL11
About this property
To be offered on Wednesday 21 October
High Yielding Retail investment
Retail Unit with Office Upper Parts
Ground Floor Let to Chopstix
Ten Year Lease Expiring 23.02.2033
Upper Parts Let to Proactive Personnel
New Five Year Lease Lease Expiring 31.07.2031
4,345 sq ft (403.66 sq m)
Prominent Corner Pitch on High Footfall Street
Investment Let at £39,500 p.a. (13% giy on Guide Price)
Auction Sale - 20/10/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
High Yielding Retail Investment Occupying a Prominent Corner Pitch on a High Footfall Street
Fully Let to Two Separate Tenants with an Attractive WAULT of 5.73 Years to Expiry
Investment Let at £39,500 per annum
Description
The property comprises a high yielding retail investment opportunity occupying a prominent corner pitch on a high footfall street in the centre of Wrexham.
Arranged as a ground floor retail unit with offices to the upper parts, the property is fully let to two tenants and producing a combined rent of £39,500 per annum, with an attractive weighted average unexpired lease term (WAULT) of 5.73 years to expiry.
The ground floor is fully let to Chopstix Wrexham Limited on a ten year lease expiring 23.02.2033 and paying £22,500 per annum.
The upper parts are let to Proactive Personnel on a new five year lease expiring 31.07.2031 paying £17,000 per annum.
In 2016, planning permission was previously granted for the three apartments in the upper floors. This consists of 2 x 2 bedroom flats and 1 x 3 bedroom flat. Ideal for Airbnb or serviced accommodation just a short walk from the city centre.
The property occupies a prime corner pitch on Regent Street in the Heart of Wrexham, only 100m from Wrexham Bus Station. The surrounding area is characterised by many local and national retailers with Primark directly opposite, Weatherspoon right next door, and being adjacent to McDonald’s, HSBC, Nationwide and Lloyds Bank.
Tenancy
Please see the Tenancy Schedule for more information.
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