Summary - 55 INVESTMENT FOR SALE, 55 Well Street, Ruthin, Denbighshire LL15 1AF
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Mixed-use investment property with both retail and office spaces
- Ground floor offers 6 self-contained retail units, 2 facing Well Street
- Upper floors consist of serviced office accommodation
- Total size: 4,976 sq ft with freehold tenure
- Strong income potential: £52,300 per annum
- Attractive net initial yield of 11.94%
- Located in a bustling area with numerous amenities nearby
**Potential Concerns:**
- Area has above-average crime rates
- Local demographic is classified as ‘ageing urban communities’
- Property condition and prospective renovations are not specified
**Summary:**
Discover an exceptional investment opportunity at 55 Well Street, Ruthin. This sizeable mixed-use property encompasses 4,976 sq ft, featuring six retail units on the ground floor and serviced office accommodation above. The prominent location ensures high visibility and foot traffic, making it an ideal spot for diverse business ventures. Generating an impressive annual income of £52,300, this property boasts a strong net initial yield of 11.94%, appealing to savvy investors seeking reliable returns.
The Georgian-style architecture provides both charm and potential character enhancements for future tenants. With a host of local amenities within a short walk, including shops, cafes, and essential services, this property is perfectly positioned to attract tenants and customers alike. However, prospective buyers should consider the area's above-average crime rates and the demographic challenges when evaluating this investment. This is a rare find in a competitive market—don’t miss your chance to capitalize on this diversified income source!
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