Mixed use property for sale
101-105 Grange Road, Rhyl
Business rates & charges may apply
- SIZE
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- SECTOR
Mixed use property for sale
Key features
- High Yielding Retail Investment
- Two Retail Units and Two Bedroom Flat
- One unit let to a tanning salon on a 5 year lease from Sep 2025 for £4,160 p.a.
- One unit let to a barber shop on a 5 year lease from Sep 2025 for £4,160 p.a.
- Upper parts let on a 12 month AST created 31st July 2025 at £500 pcm
- Total GIA - Approx. 1,572 sq ft (146 sq m)
- Investment let at £14,320 p.a. (23.86% GIY on Guide Price)
Description
Arranged as two ground floor retail units with a two bedroom residential flat to the upper parts, the property is fully let to three tenants producing a compbined £14,320 per annum.
101 Grange Road let to a tanning salon on a 5 year lease from September 2025 for £4,160 per annum.
105 Grange Road let to a barber shop on a 5 year lease from September 2025 for £4,160 per annum.
103 Grange Road is occupied on a 12 month fixed term contract created 31st July 2025 at £6,000 per annum (£500 pcm).
The property occupies a prominent pitch fronting Grange Road, an arterial route within Rhyl. The property forms part of the principal local amenity for the surrounding residential area and is characterised by a number of local businesses and similar mixed uses.
Brochures
101-105 Grange Road, Rhyl
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Rhyl Station0.7 miles
- Prestatyn Station3.0 miles
- Abergele & Pensarn Station4.9 miles
Notes
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