11 Pool Street, Caernarfon LL55 2AD
- PROPERTY TYPE
Commercial Property
- SIZE
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Key features
- Freehold Shop Investment
- Prominent town centre retail position on established high street
- Entirely let to Cancer Research Wales on a lease expiring 2035(1)
- Arranged over 2,594 sq ft
- Located within popular tourist destination benefitting from year-round trade
- Investment let at £22,500 p.a. (9.78% GIY on Guide Price)
Description
StrapLine
Auction Sale - 14/07/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteFreehold Shop Investment – Prominent Town Centre Retail Unit Let to Cancer Research Wales (Expiry 2035) in Established Tourist Location, Producing £22,500 p.a.
Description
The property is arranged over basement, ground and one upper floor to provide a shop with ancillary accommodation.
Location
11 Pool Street occupies a prominent trading position within Caernarfon town centre, fronting Pool Street, a well-established retailing pitch benefiting from strong pedestrian footfall and a diverse mix of national and independent occupiers including convenience, food and service operators.
Caernarfon is an attractive and historic royal town in Gwynedd, positioned on the eastern shore of the Menai Strait. The town is a major tourist destination, centred around its UNESCO World Heritage castle, harbour and medieval walls, and serves as an important administrative and commercial hub for the wider region.
Transport
Road: Caernarfon is well connected via the A487, a principal route providing access to Bangor approximately 9 miles to the north east and linking to the wider North Wales road network, including onward connections via the Britannia Bridge to Anglesey.
Rail: The nearest mainline railway station is at Bangor, providing regular services to the North Wales coast, Chester and onward connections to the national rail network.
Bus: The town benefits from a central bus station and frequent local and regional services, with stops located within easy walking distance of the property.
Air: Regional air access is available via Anglesey Airport (RAF Valley), offering services to Cardiff, whilst Liverpool John Lennon and Manchester Airports provide a wider range of domestic and international connections.
Tenancy
Let to Cancer Research Wales on a full repairing and insuring(FRI) lease for a term of 10 years from March 2025 at £22,500 per annum.
(1)The lease provides for a tenant break option at the 5th anniversary.
Cancer Research Wales (Charitable Incorporated Organisation No. 1167290)
Accommodation
Ground Floor - 122.17 sq m (1,315 sq ft)
Basement - 64.11 sq m (690 sq ft)
First - 54.72 sq m (589 sq ft)
Total - 241 sq m (2,594 sq ft)
11 Pool Street, Caernarfon LL55 2AD
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Llanfairpwll Station6.2 miles
Notes
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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”