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Victorian Commercial Property with Leased Businesses for Sale in Desirable Welsh Area

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    14/05/24

  • Advert ID

    611300

  • Reference

    1033NJ / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £895,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Attractive Modernised Victorian Commercial Property in a Sought after area of Wales

Overview:
Nestled in the heart of a much sought-after area in Wales, this attractive modernised Victorian commercial property presents an enticing investment opportunity. With a rising, inflation-proof monthly income of approximately £2,245, it offers a blend of charm, convenience, and profitability.

Property Description:
Dubbed as a "chocolate box" featured property, this Victorian gem holds immense appeal, particularly among artists and discerning investors. Enjoying picturesque views over the rooftops to the majestic mountains of North Wales, it exudes a captivating allure that will captivate prospective buyers.

Property Composition:
The property comprises two fully compliant flats, offering comfortable living spaces. One flat has two bedrooms, while the other boasts three bedrooms, providing versatile accommodation options. Both flats are held on short-hold tenancies, ensuring stability and income continuity for the discerning investor.

In addition to the residential units, the property features two commercial businesses, each held on lease. With 5 and 3 years remaining on the leases respectively, these businesses offer steady rental income streams, further enhancing the property's appeal as a lucrative investment opportunity.

Owner's Circumstances:
Having enjoyed ownership of this esteemed property for the past 14 years, the current owner is now embarking on a new chapter abroad, prompting the sale of this prized asset. This presents a rare opportunity for savvy investors to acquire a piece of Victorian charm in a highly desirable locatin.

Offer Details:
Offers are invited for the freehold of this remarkable property, with a guide price set at circa £895,000. With its blend of historic charm, modern amenities, and attractive income potential, this property represents a unique opportunity to invest in the vibrant real estate market of Wales.

Don't miss your chance to own a piece of Welsh history and secure a lucrative investment for the future. Contact us today to explore this exceptional property firsthand.
A Victorian commercial property in a much sought-after area of Wales 
A chocolate box featured property favoured by artists
The property enjoys distant views over the rooftops to the picturesque mountains of North Wales
Comprising two fully compliant 2 and 3-bed flats held on short hold tenancies and two commercial businesses held on lease with 5 and 3 years to run.
Genuine sale as the owner is retiring overseas after 14 years of ownership 
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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