48 High Street, Holywell, Flintshire, CH8
Size
1,455
Tenure
Freehold
EPC
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Parking
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- Primary use
- High street retail
- Frontage
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No floor / site plan
Key features
- Rental Income: £12,480 p.a.
- Gross Initial Yield: 9.24%
- Comprises large ground floor shop t/a Convenience Store and 2 flats above (sold-off)
- Benefits from large car park at rear for 8 cars, with residential development potential, STTP
- VAT is NOT applicable to this property
Description
Gross Initial Yield: 9.24%
Rental Income: £12,480 p.a.
VAT is NOT applicable to this property
Comprises large ground floor shop t/a Convenience Store and 2 flats above (sold-off)
Benefits from large car park at rear for 8 cars, with residential development potential, STTP
Situated on the south side of the pedestrianised High Street, with occupiers close by including Santander, SPAR, William Hill, Lidl, Home Bargains, Tesco Superstore and a range of local businesses.
Property Description:
Comprises large ground floor shop t/a Convenience Store and 2 residential flats above (both sold-off), providing the following accommodation and dimensions:
Ground Floor: 135 sq m (1,455 sq ft)
Open plan retail, storage, kitchen, wc
First Floor: Residential flat (sold-off)
Second Floor: Residential flat (sold-off)
The property benefits from large car park at rear for 8 cars, providing residential development potential, subject to obtaining the necessary consents.
Tenancy:
The ground floor shop is at present let to BSC Retail and Wholesale Trading Group for a term of 7 Years from 5th November 2020 at a current rent of £12,480 p.a. and the lease contains full repairing and insuring covenants.
Flats 1 & 2 have been sold-off on long leasehold to Transworld Import Export Limited for a term of 125 Years from 12th October 2005 at a ground rent of peppercorn.
Location:
The attractive market town of Holywell is located on the Dee Estuary 16 miles north-west of Chester and 12 miles east of Rhyl. The town benefits from good road communications being on the A5026 and located adjacent to the A55 Expressway which links to the M53 (Junction 12) at Chester and in turn the M56 and M6 motorways. Flint Station is 3.75 miles to the east offering Avanti services to London Euston (journey 2 hr 23 mins), and Transport for Wales services to Manchester Airport, Holyhead, Birmingham and Cardiff Central. The property is situated on the south side of the pedestrianised High Street, with occupiers close by including Santander, SPAR, William Hill, Lidl, Home Bargains, Tesco Superstore and a range of local businesses.
- Service charge
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- Business rates
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- Use class
- C3, E
- Listed building
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- Floors in building
- 3
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- BREEAM rating
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- Environmental description
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Brochure
About BLUE ALPINE PARTNERS LIMITED, London
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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Disclaimer - Property reference Holywell. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by BLUE ALPINE PARTNERS LIMITED, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.