Large mixed-use building with immediate rental income and refurbishment upside.
Grade II listed mixed-use Victorian building with period features
An unusually large mixed-use building in Llandudno’s town centre, this Grade II listed property offers immediate rental income and long-term value for an investor prepared to manage a heritage asset. The ground-floor retail unit plus basement provides prominent commercial space, while three self-contained apartments above are currently tenanted, delivering occupancy from day one. Full income and lease details are available on request.
The listing status is a material constraint: external and many internal changes will require listed-building consent and may increase refurbishment costs and timescales. The property is leasehold, so purchasers should review lease terms and service obligations carefully. The local area scores high for deprivation and very high for recorded crime, which can affect tenant mix, rental growth and insurance costs.
Physically the building is Victorian with high ceilings and spacious rooms, but period features coexist with signs of wear and dated decor in parts; some internal refurbishment is likely to unlock higher rents. Its central location places it within easy walking distance of the town’s retail and leisure amenities, supporting steady demand for both commercial and residential tenancies.
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