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Tenanted Commercial Property
Address
See address
Auction date
14 Nov 2025
Guide price
£38,000
Type
Commercial
Tenure
Freehold
EPC Rating
Unknown
Status
Ended
Description
This is a tenanted investment opportunity featuring a large ground floor commercial unit that is currently leased on a Full Repairing and Insuring (FRI) basis. The lease extends until 21st February 2027, providing an annual rental income of £5,657.
- Ground floor area is approximately 37.20 square meters.
- There is a potential rental increase with the property being located in a high traffic area.
- The property consists of a customer service area, service counter, staff area, and bathrooms.
- Class 3 change of use for hot food takeaway has been applied for.
Last update: 21 Nov 2025
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A mixed use building consisting of a ground floor retail unit and a licensed HMO on the upper floors, yielding a gross income of £31,896 per annum, reflecting an approximate return of 16% based on the guide price.
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£38,000
For sale via unconditional online auction, this ground floor shop unit is prominently located on a busy roadside. The property offers significant potential for commercial investment or business use, being conveniently situated close to Colwyn Bay train station and main road access.
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