Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail investment forming part of a prominent local parade.
Arranged across ground and first floors, the ground floor is let to a private individual t/a Parveen Coffee on a 10 year lease expiring 16.11.2033 and paying £9,000 per annum.
The upper parts are currently vacant and comprise a void space. We understand there is currently no access to these upper parts, however they may benefit from development potential (subject to the lease and any requisite consents).
The property forms part of a prominent parade with a frontage to Bodfor Street, a secondary street within the principal retail amenity of Rhyl. The property benefits from good footfall, being one of the principal pedestrian routes to the High Street and Queen Street. The town hall is less than 100m from the property and nearby occupiers include William Hill, HSBC as well as a number of local retail/leisure occupiers.
Tenure
Freehold
Tenancy
The ground floor is let to a private individual t/a Parveen Coffee on a 10 year lease expiring 16.11.2033 and paying £9,000 per annum.
The lease is on full repairing and insuring terms and includes an upward only open market rent review 17.11.2028. The lease includes tenant break options 17.11.2026 and 17.11.2028.
The upper parts are currently vacant.
Rent