Knightsbridge House, 11 Gloddaeth Street, Llandudno, LL30 2DD

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Auction Sale - 23/06/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website

Well-let high street retail investment in a popular coastal town, producing £20,000 p.a. with asset management potential.

Description

The Property is arranged on basement, ground and one upper floor to provide a shop on ground and part first floor with basement staff and ancillary accomodation. The property forms part of a larger building not included in the sale.

Location

Knightsbridge House occupies a prominent position on Gloddaeth Street in the centre of Llandudno, one of North Wales’ most established and popular seaside towns. The property is situated within the town’s main commercial district, benefitting from strong pedestrian flow and close proximity to a wide range of national and independent retailers, cafés and leisure amenities.

Llandudno enjoys excellent connectivity, with direct rail services to Chester, Manchester and London, together with convenient access to the A55 North Wales Expressway, providing links across the region and into the North West. The town is a well-known tourist destination, famed for its Victorian promenade, pier and attractive coastal setting, underpinning consistent footfall throughout the year.

The immediate surroundings comprise a mix of office, retail and leisure occupiers, making the location well suited to a variety of commercial uses.

Transport

Road:The property benefits from excellent road connectivity, with the A55 North Wales Expressway located a short distance to the south. This major dual carriageway provides a principal east–west route, linking Llandudno to Chester and the wider motorway network, as well as westwards towards Bangor and Holyhead.

RailLlandudno is served by a town centre railway station, with more frequent and wider-reaching services available from Llandudno Junction on the North Wales Coast Line. The Junction provides direct connections to Chester, Manchester and London Euston, facilitating convenient national rail access.

BusThere are regular local bus services operating throughout Llandudno and the surrounding region, with a number of routes passing close to Gloddaeth Street, connecting the town with destinations including Bangor, Colwyn Bay and Rhyl.

Tenancy

Let to Cancer Research Wales on an effective full repairing and insuring (FRI) lease subject to a schedule of condition for a term of 10 years from April 2024 at £20,000 per annum.

The lease provides for a tenant break option and rent review at the 5th anniversary.

Accommodation

Ground Floor - 100.81 sq m (1,085 sq ft)

Part First Floor - 64.24 sq m (691 sq ft)

Basement - 75.91 sq m (817 sq ft)

Total - 240.96 sq m (2,594 sq ft)