Summary - 10, CENTRAL ARCADE, HOPE STREET LL11 1AG
1 bed 1 bath Shop
**Standout Features:**
- Priced attractively at £37,000 with 10% gross yield potential.
- Located in Wrexham City Centre's Central Arcade, near the Butcher's Market.
- Three-storey lock-up shop unit with periodic tenancy (current rent of £4,500 per annum).
- Freehold tenure, offering long-term ownership security.
- Strong foot traffic and diverse local amenities within walking distance.
**Concise Property Summary:**
This commercial shop unit in Wrexham's bustling Central Arcade is an exceptional opportunity for investors or business owners seeking a central location with great rental potential. Currently tenanted with a periodic lease (ongoing since May 2022), this property promises a reliable income stream of £4,500 per year, equating to a gross yield of approximately 10%.
The three-storey lock-up shop unit features a welcoming ground floor area of 11'8" x 9'4", complemented by a first-floor space of 12'4" x 9'1", and a basement for additional storage or business use. Positioned just steps away from a variety of shops, restaurants, and the revitalizing Butcher's Market, it benefits from excellent visibility and foot traffic.
While the property is in need of some updates, its Victorian architecture and continuous footfall from the surrounding communities emphasize its potential for growth and enhancement. Auctioned on the 31st of October, this opportunity is not to be missed. Investors looking for a tangible asset in a high-demand area will find this property compelling. Secure your place in thriving Wrexham's commercial landscape today!
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