**Standout Features:**
- **Location:** Coastal town of Llandudno, immediately adjacent to mixed-use amenities.
- **Yield:** Gross yield of approximately 11.5%, with potential for rental growth.
- **Historic Charm:** Detached Grade II Listed former church, rich in Gothic architectural features.
- **Current Use:** Established as a children's play centre and day nursery with a 10-year lease until 2033 at £16,000 per annum.
- **Auction Information:** Unconditional sale on April 30, 2025, with bids opening at 17:30.
This commercially zoned gem, nestled in the vibrant coastal town of Llandudno, presents a compelling investment opportunity. Once a stunning church, this Grade II Listed building has been beautifully reconfigured into a children's play centre and day nursery, combining historical charm with modern utility. Currently leased to reliable tenants until October 2033, it generates an attractive income of £16,000 per year, translating into a gross yield of around 11.5%, making it a smart choice for savvy investors looking to expand their portfolio.
However, potential buyers should note that the property is listed, which may impose restrictions on renovations or extensions for future development. Positioned conveniently near a variety of local amenities, the property offers both immediate cash flow and substantial long-term rental growth potential. Don’t miss your chance to acquire this unique property at auction on April 30, 2025. Act now to explore this rare opportunity to own a piece of historic Llandudno while securing a promising investment for the future!
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