Located on Market Street just of Rhyl’s Main High Street. The property enjoys a high footfall and is surrounded by established businesses such as Wilkinson’s, Natwest Bank & Poundland.
This investment property comprises 4 occupied retail units and vacant first floor ancillary space requiring refurbishment. The property has a passing rent of £24,570 and has scope to increase this by refurbishing the upper floor space. The 4 tenants are well established local businesses.
Comprising 4 retail units and first floor ancillary space
1 Lyric Buildings currently Let to Tony Doyle Quality Meats. Lease commenced on 22nd November 2018 for 3 years
2 Lyric Buildings currently Let to RKM Wools. On an informal lease arrangement
3 Lyric Buildings currently Let to Focus-In. Lease commenced on 14th January 2006 and renewed in 2009.
4 Lyric Buildings currently Let to Watch Out Watches. On a informal lease arrangement.
First Floor ancillary space currently vacant and in need of refurbishment works.
1 Lyric Buildings – £12911
2 Lyric Buildings – £13118
3 Lyric Buildings – £8504
4 Lyric Buildings – £2226
First Floor – Exempt
Viewing to be by arrangement only. Please contact PETER LARGE LETTINGS on 01745 336699