Immediate rental income with refurbishment upside close to transport.
Freehold double-fronted retail unit, approx 1,153 sq ft
Basement storage, store rooms, kitchen and staff facilities included
Currently achieving approx £7,800 per annum rental income
Centrally located, near train station, A55, town centre and beach
Upper floors reportedly contain three self-contained apartments (confirm)
Single-glazed windows throughout; likely need insulation upgrades
Located in a very deprived area with high local crime — risk to consider
Suitable for refurbishment or alternative commercial use, subject to consents
This double-fronted freehold shop on Princes Drive offers a straightforward investment with immediate income and flexible commercial potential. The ground-floor retail area of about 1,153 sq ft includes basement storage, staff facilities and large display windows that suit a variety of uses. It currently produces approximately £7,800 per annum in rent.
The property sits in the town centre, within easy walking distance of the train station, A55 and local amenities — footfall and accessibility are genuine strengths. Upper floors are reported to contain three self-contained flats, providing further long-term asset potential (buyers should verify titles and occupancy).
Important practical issues: the building is single glazed throughout, lies in a very deprived area with a high local crime rate, and will likely require some refurbishment to modernise heating and insulation. These factors suppress capital value but also create scope for value-add refurbishment or repositioning for alternative commercial uses.
Suitable for an investor seeking a low-management income stream and redevelopment upside. Confirm tenancy details, service arrangements, and any planning or licensing constraints before purchase.
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