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Retail Property (high street) for sale

Porthmadog, Gwynedd, North Wales

Sold by Us £160,000
1,725 sq. ft.

Property Description

Commercial information

  • 1,725 sq ft (160 sq m)

Full description

Tenure: Freehold

The property is located on the High Street of Porthmadog immediately opposite Tesco supermarket. Porthmadog is a bustling harbour town on the Glaslyn Estuary, and is popular with tourists during the busy summer months due to its close proximity to Portmeirion, the Snowdonia National Park and the Llyn Peninsula. The town attracts a number of local and national retailers and includes Wilkinson, Boots and Tesco.

The property which is located in a prominent position within the town, comprises a ground floor Lock-Up Retail Unit together with a self-contained 4 Bedroomed Apartment over first and second floors. The ground floor retail area has been utilised for some considerable time by a well-established dry cleaning business. There is on street parking available with 4 additional off street parking spaces to the rear of the property. Although currently a ´Sui Generis´ use in planning terms, the property would be suitable for a variety of alternative uses subject to change of use planning consent. The residential accommodation on the upper floors has the benefit of recently installed double glazing and full central heating.

Ground Floor
Shop Front 51.14 550
Rear Shop 15.17 163
Staff Room 11.49 124

First Floor
Kitchen 14.55 157
Bedroom 13.52 146
Lounge 23.37 252

Second Floor
Bathroom 4.16 45
Bedroom 5.68 61
Bedroom 14.10 152
Bedroom 7.07 76

We understand from our enquiries of the VOA website that the premises are assessed for Rates as follows:-

Rateable Value (2013/14) £8,200
Rates Payable 2013/14 £3,878.60

We understand that the property is currently benefiting from the tapered relief under the small business rate relief scheme. Interested parties to make their own enquiries as to any further rate relief that may be applicable.
Dafydd Hardy gives no warranty that the values supplied or the sums of money expressed as being payable are accurate and the assignee should make their own enquires with the Local Rating Authority to confirm the figures quoted are correct.

Prices, outgoings and rentals are exclusive of, but may be liable to, VAT.

Each party will be responsible for their own legal costs incurred in this transaction.

There is on street parking available with 4 additional off street parking spaces to the rear of the property.

More information from this agent

Energy Performance Certificates (EPCs)

Map & Street View

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