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Y Foelas, Station Road, Llanrug, Caernarfon LL55 4BE

£300,000

£64.49 per sq ft

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE

4,652 sq ft

432 sq m

SECTOR

Healthcare facility for sale

Key features

  • Rental Income: £50,000 p.a.
  • Gross Initial Yield: 16.67%
  • Comprises detached residential home with parking and garage at rear
  • VAT is NOT applicable to this property

Description

Investment Consideration:
Rental Income: £50,000 p.a.
Gross Initial Yield: 16.67%
VAT is NOT applicable to this property
Comprises detached care home with parking and garage at rear
Future redevelopment potential for multiple dwellings (C3) or educational/healthcare premises STTP
Tenant has option to purchase the property at strike price of £400,000 on or before the 21.01.2027 and completion deadline is 10 working days from exercising the option.
Located in the popular village of Llanrug, approx. 4 miles from the coastal resort town of Caernarfon with its 13th Century Castle, multiple shopping facilities and beaches.

Property Description:
Comprises substantial detached care home with large parking and single car garage at rear. The property has been fully refurbished in 2023 and provides the following accommodation and dimensions:
Ground Floor: 214 sq m (2,303 sq ft)
5 bedrooms, kitchen, dining, lounge, conservatory, office, store, bathroom, 3 wc`s
First Floor: 176 sq m (1,894 sq ft)
8 bedrooms, kitchen, lounge, 2 bathrooms, 2 wc`s
Second Floor: 42 sq m (455 sq ft)
2-bedrooms, ancillary, bathroom
Total GIA: 432 sq m (4,652 sq ft)

Tenancy:
The property is at present let to Hilda`s Trading Limited t/a care home for a term of 10 years from 22nd January 2026 at a current rent of £50,000 per annum and the lease contains full repairing and insuring covenants. Rent review on 22.01.2031 linked to RPI. No break clause. Rent deposit held of £12,500. Lease within the Landlord and Tenant Act 1954.
*Tenant has option to purchase the property at strike price of £400,000 on or before the 21.01.2027 and completion deadline is 10 working days from exercising the option.

Location:
Located close to the junction with Tal-Y-Bont in the popular village of Llanrug which is in the foothills of the Snowdonia Mountain Rage, approx. 3 miles from famous Llanberis which is one of the most popular mountain tourist centres in the Snowdonia National Parks. Llanrug also lies approx. 4 miles from the coastal resort town of Caernarfon with its 13th Century Castle, multiple shopping facilities and beaches

Brochures

Y Foelas, Station Road, Llanrug, Caernarfon LL55 4BE

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Llanfairpwll Station5.0 miles
  • Bangor Station5.4 miles

About Blue Alpine, London

54 Welbeck Street, London W1G 9XS

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.

We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.

Together, we unlock potential.

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