Substantial former Peacocks unit — large footprint opposite Queens Market, prime for investor or redevelopment.
Prominent Sussex Street frontage opposite Queens Market
Total floorspace up to 10,135 sq ft — large retail footprint
Available freehold or leasehold; freehold guide price £100,000
Previously occupied by Peacocks; suitable for single or multi-let retail
Nearby national occupiers increase pedestrian catchment and visibility
Area classed very deprived with very high crime — affects demand
Likely requires refurbishment/active asset management for lettings
Lease examples: £15,000 and £35,000 per annum for parts
A substantial town-centre retail asset in Rhyl, presented with up to 10,135 sq ft of former Peacocks accommodation and prominent glazed frontage onto Sussex Street opposite the Queens Market. The property is offered freehold or leasehold, with parts previously marketed at lease rents of £15,000 and £35,000 per annum; freehold price is listed at £100,000. Ground-floor sales areas are large and open-plan with significant first-floor ancillary space — suitable for a single occupier, subdivided retail units, or alternative town-centre uses subject to planning.
The location benefits from strong pedestrian flow in a central retail pitch and proximity to multiple national and local operators (Wilko, WHSmith, Costa Coffee and others), bus and police stations, and the seafront. There is no flood risk and the building has high ceilings and good natural light to the upper floors, which supports either continued retail use or conversion to mixed commercial/residential uses.
Buyers should weigh clear positives against material challenges. The surrounding area is classed as very deprived with very high crime levels and a ‘hampered aspiration’ classification, which will influence tenant demand and rental strength. The property is described as fully fitted in parts but will likely require refurbishment and active asset management to stabilise occupancy or adapt for alternative uses.
For investors or developers seeking a large, well-located footprint in Rhyl’s primary high street, this is a value-led opportunity with scope for rental reconfiguration or redevelopment. Exact tenure details are unknown — purchasers should confirm freehold/leasehold terms, service liabilities, and planning constraints before offer.