Freehold town-centre opportunity with conversion potential and long-term let option.
- Prominent Grade II listed Victorian three-storey building
A prominent three-storey Victorian commercial building on Denbigh High Street, offered freehold and chain-free. The ground floor has a former banking hall with large street-facing windows and high ceilings; upper floors provide substantial floor area and potential for residential conversion, subject to planning. Current planning is underway for two shop units but not yet granted.
This property suits an investor or developer seeking town-centre presence. It can be kept as commercial space and offered for long-term let (current guide £1,250 pcm) or converted into mixed-use/ residential units if planning approval is obtained. Gas central heating is installed and there is no flood risk.
Important constraints are factual and material: the building is Grade II listed, which will limit alterations and may complicate conversion; planning permissions are not guaranteed. The local area scores high for deprivation and recorded crime is high, which will affect tenant mix and rental values. Business rates are based on a rateable value of £17,000 (approximate rates payable around £9,000). Some interior areas show wear and will need updating or repair.
Offered at £180,000 for 1,754 sq ft freehold, this is a clear development opportunity in a market-town centre with good road links (A55 nearby). Buyers should factor in listed-building consent processes, potential refurbishment costs, and local market conditions when assessing value.
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