Trinity Square (And 18 & 18A Mostyn Street), Llandudno, Conwy, LL30
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Key features
- Prominent corner position at the junction of Mostyn Street & Trinity Square
- Attractive mixed use commercial investment opportunity
- Comprising two retail premises & first and second floor office accommodation
- Additional basement & attic accommodation offering further potential
- Off road parking, a valuable feature for a town centre property
- Established rental income with significant potential for increased returns
Description
An excellent opportunity to acquire an attractive mixed-use commercial investment occupying a highly prominent corner position at the junction of Mostyn Street and Trinity Square. The property comprises two ground floor retail premises, first and second floor office accommodation, basement rooms and additional attic space, together providing a diverse range of commercial accommodation within a central town centre location. A particularly attractive feature is the provision of off road parking, an added benefit for a property of this nature and location. The investment benefits from an established rental income generated by a combination of retail and office occupiers and is held on a 999 year lease from Mostyn Estates, which we understand commenced in 1931.
Of particular appeal is the opportunity for a purchaser to increase the property's income through the letting of the currently available second floor office suite and basement accommodation. The additional attic space may also offer scope for further utilisation, subject to any necessary consents.
Combining a prominent town centre position, diversified commercial accommodation, off-road parking, an established income stream and clear potential for rental growth, this represents an attractive investment opportunity for both established investors and those seeking to add value through active management.
Accommodation
The premises provide the following approximate dimensions:
Total Floor Area
3058 sq.ft.
Tenure
Leasehold with a 999 year lease from 1930 Ground Rent: peppercorn
Rates
We understand from our enquiries of the VOA website that the commercial premises have a Rateable Value of £7,100 Rateable Value of £5,100 Dafydd Hardy gives no warranty that the values supplied, or the sums of money expressed as being payable are accurate and the assignee should make their own enquires with the Local Rating Authority to confirm the figures quoted are correct.
Legal Costs
Each party will be responsible for their own legal costs incurred in this transaction.
VAT
Prices, outgoings and rentals are exclusive of, but may be liable to, VAT.
Money Laundering Regulations
We are obliged to verify the identity of any proposed purchasers/tenants once a sale/let has been agreed and prior to instructing solicitors. This is to help combat fraud and money laundering. This is a legal requirement.
Contact
Commercial Department Tel: / Email:
Disclaimer
Dafydd Hardy Estate Agents Limited for themselves and for the vendor of this property whose agents they are to give notice that: (1) These particulars do not constitute any part of an offer or a contract. (2) All statements contained in these particulars are made without responsibility on the part of Dafydd Hardy Estate Agents Limited. (3) None of the statements contained in these particulars are to be relied upon as a statement or representation of fact. (4) Any intending purchaser must satisfy himself/herself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. (5) The vendor does not make or give and neither do Dafydd Hardy Estate Agents Limited nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to this property. (6) Where every attempt has been made to ensure the accuracy of the floorplan contained here, measurements of doors, windows, rooms and (truncated)
Brochures
Trinity Square (And 18 & 18A Mostyn Street), Llandudno, Conwy, LL30
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Llandudno Station0.1 miles
- Deganwy Station1.9 miles
- Llandudno Junction Station2.7 miles
Notes
Disclaimer - Property reference ADM250011. 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 Dafydd Hardy Commercial, Gwynedd. 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.