Summary - HAIRDRESSING SALON, 44, HIGH STREET LL52 0EY
1 bed 1 bath Residential Development
Ready-made High Street income in popular Criccieth, with recent energy upgrades..
Freehold mixed-use building with ground-floor shop and five flats occupied
Long-term hair salon tenant on High Street provides steady commercial income
Recent grant-funded upgrades: solar panels, improved insulation, new central heating
Large total area ~4,314 sq ft; tall ceilings and bay window feature
Sale subject to occupation; vacant possession not guaranteed for all units
One flat EPC 'E'; remaining units mostly B–D — further improvements possible
Victorian end-terrace (pre-1900) with stone walls; some insulation work may be needed
Located in popular seaside town; area classed as very deprived — factor in demand
A substantial freehold mixed-use building in the heart of Criccieth's High Street, offered as a ready-made rental portfolio. The ground-floor shop has been occupied by the same hair salon for over 20 years, providing income stability, while five self-contained flats above and to the rear are all presently occupied. Recent grant-funded works — solar panels, upgraded insulation and a new central heating system — reduce running costs and improve EPC ratings for most units.
The layout suits a hands-off investor: a long-established commercial tenant and multiple residential incomes already in place, with a combined gross footprint of approximately 4,314 sq ft. Several flats provide attractive living spaces (tall ceilings, bay window, town and castle views) and two rear flats benefited from recent improvements, helping tenant appeal.
Buyers should note material considerations: the sale is subject to occupation and includes a mix of occupational contracts and regulated tenancies at varying rents, so vacant-possession is not guaranteed. One flat has a lower EPC ('E') and the building is a Victorian end-terrace constructed before 1900 with stone walls assumed uninsulated in places — further insulation or structural work may be needed over time despite recent upgrades.
This property suits investors seeking an income-producing, town-centre asset in a popular seaside location with short-term management upside (rent reviews, EPC improvements, unit reconfiguration). The site benefits from excellent mobile and broadband connectivity and nearby amenities, but purchasers should allow for tenant-led constraints and the socio-economic context of a very deprived local area when modelling returns.
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