Summary - THE GATE MEWS FLAT 11 ANCASTER SQUARE LLANRWST LL26 0LB
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Two units currently combined into one, offering versatile usage opportunities
- Established barbershop with a 40-year history, indicating potential for steady income
- Prime location in town center with excellent foot traffic
- Gated area providing enhanced security for businesses
- Leasehold tenure with 163 years remaining on a 200-year lease
**Concerns:**
- High ground rent of £1,680
- Units lack individual WCs, relying on communal facilities
- Mixed area classification, marked by high crime rates and significant deprivation
This unique investment opportunity presents two retail units seamlessly integrated into an established barbershop in a bustling town center. The property boasts a prime location with excellent pedestrian access. As a long-established business, it offers immediate rental potential with the possibility of reverting to separate units to maximize investments.
The facility is in reasonable condition but requires consideration of significant ground rent and the lack of private restroom facilities. The communal walled area provides added security, making it an inviting prospect for family-oriented or community-focused entrepreneurs. With 163 years remaining on the lease, this property embodies the prospect of long-term financial stability and growth. Don't miss your chance to acquire this versatile asset in a vibrant neighborhood—opportunities like this rarely stay on the market for long!
High street retail property for sale in The Mews, Llanrwst, LL26 — £45,000 • 1 bed • 1 bath
2 bedroom house for sale in Denbigh Street, Llanrwst, LL26 — £199,500 • 2 bed • 1 bath • 1077 ft²
Terraced house for sale in Watling Street, Llanrwst, LL26 — £100,000 • 1 bed • 1 bath • 1011 ft²
Commercial property for sale in Rose Hill Street, Conwy, LL32 — £175,000 • 1 bed • 1 bath • 525 ft²
Shop for sale in Glendower Buildings, Church Street, Glan Conwy, LL28 — £145,000 • 2 bed • 1 bath • 483 ft²
1 bedroom flat for sale in Watling Street, Llanrwst, LL26 — £75,000 • 1 bed • 1 bath • 357 ft²