3 X Multi-let Business Centres For Sale, Commercial Investment Opportunity, North Wales, LL29 7LD
Size
10,738
Tenure
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EPC
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Parking
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- Primary use
- Other
- Other use(s)
- Traditional office
No floor / site plan
Key features
- 3 multi let office buildings in North Wales
- Total of 10,738 sq ft
- Approximately £106,500 per annum when fully let
- Each property has on site parking
- 80 + lettable units
- Multi tenanted freehold portfolio
- Near A55
- With parking
Description
Carlton House, 68 Conway Road, Colwyn Bay, Conwy LL29 7LD.
Somerset House, 30 Wynnstay Road, Colwyn Bay, Conwy, LL29 8NB
Hanover House, The Roe, St. Asaph, Denbighshire, LL17 0LT
Each property has on site parking, 24/7 access, shared kitchens and meeting rooms (Excluding Carlton House) and are conveniently located with easy access to the local town centre.
Total rental income of c £100,000 pa
The landlord charges occupier for gas, water and electricity on top of the rent
Occupiers pay their own business rates but many suites qualify for zero rates
The landlord pays for external maintenance, fire alarm maintenance and cleaning shared areas.
The company that owns the premises, Hanover Business Centres Limited is offered for sale.
The company has no further assets nor liabilities.
Company number 02302007.
Purchase price of £850,000 reflecting
Overall rate of £79 psf
NIY 11.3% on passing rent
Reversionary yield of 11.9% when fully let
- Service charge
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirements- BREEAM rating
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- Environmental description
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Brochure
3 X Multi-let Business Centres For Sale, Commercial Investment Opportunity, North Wales, LL29 7LD
About Legat Owen, Chester
Legat Owen is a multi-disciplinary, general practice firm of Chartered Surveyors established in 1986 with a head office in Chester.
We offer a full range of services including agency (industrial, office, retail/roadside/leisure, investment & land/development), property management, landlord & tenant, valuation, building surveying, development consultancy and rating. As a multi-disciplinary commercial property consultant, departments work alongside one another to provide a full complement of services to our clients as required.
Geographically, the practice acts across the whole of the UK with particular emphasis on the North West of England and Wales.
For the future, the company will continue to concentrate on its core strengths of delivering expert property advice on a personalised basis.
As a testament to these values, the Directors and staff are proud of the fact that we are still involved with many of the clients for whom we first acted for nearly forty years ago.
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Disclaimer - Property reference 8937FH. 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 Legat Owen, Chester. 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.