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£85,000

Marine Road, Pensarn, Abergele,

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

An investment opportunity to acquire a leasehold ground floor shop premises in a popular coastal location of Pensarn, near Abergele with the bonus of a current lease with long term tenants paying £7,000 per annum.

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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