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£85,000

Marine Road, Pensarn, Abergele, Conwy

An investment opportunity to acquire a leasehold ground floor shop premises in a popular coastal location of Pensarn, near Abergele with the bonus ...

Full property description

Location    The property is situated in coastal location of Pensarn, near Abergele on Marine Road, the A548 coast road and within a short distance to the A55 expressway providing excellent links to Chester, Llandudno and beyond.

Description    An investment opportunity to acquire a leasehold ground floor shop premises with the bonus of a current long term lease with an established Bookmakers currently providing a regular income of £7000 per annum.

Accommodation    The accommodation comprises a gross internal area of approximately 102.53 sqm (11100 sqft) according to the Valuation Office Agency (VOA) 2017.

Ground floor retail - 95.8 sqm (1031 sqft)

Staff toilets - 2.05 sqm (22 sqft)

Internal storage - 4.68sqm (50.37 sqft)

Terms    20 Year lease commencing on 11th September 2009

Rates    Rateable value £6700 (CURRENT RATING LIST APRIL 2017)

Viewing    Contact landlord for viewings first

Parking    No

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