Summary - Street Level Retail Investment , 50 - 54 Regent Street & 3 King Street , Wrexham LL11 1HE
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- **Investment Potential:** OIRO £600,000 with an annual income of £60,250, yielding 9.56%.
- **Prime Location:** Prominent town center position in Wrexham on a bustling corner.
- **Generous Size:** Expansive commercial space spanning 5,057 square feet.
- **Accessibility:** Dedicated off-street parking available in the rear service yard.
- **Modern Construction:** Good condition with ample natural light due to large windows.
**Summary:**
This exceptional street-level investment opportunity in Wrexham boasts a modern, brick-facade commercial building that features an expansive retail space suitable for various business types. With a strategic location on a busy corner, there's high pedestrian traffic and great visibility, providing excellent branding opportunities. The property generates a solid annual income of £60,250, with a lucrative net initial yield of 9.56%, ideal for savvy investors looking for steady rental revenue.
Occupying over 5,000 square feet, the ground floor is designed for modern retailing, complemented by additional ancillary spaces at the rear. Although the surrounding area has received some negative classifications regarding crime and deprivation levels, the property benefits from its location within a cosmopolitan and vibrant neighborhood, with an array of local amenities, such as pubs, shops, universities, and transport links just steps away. While the building is structurally sound, it's important to consider the area’s overall conditions. Don't miss this chance to invest in a prime retail space with significant income potential—properties like this don't come around often!
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