Summary - UNIT 1, ASH COURT, FFORDD Y LLYN LL57 4DF
1 bed 1 bath Commercial Property
Long-lease, part-let office block with parking and fibre — investor-friendly SIPP option..
Total 2,200 sq ft across three suites (1,000/600/600)
10 allocated car spaces; off-street parking to front
Passing rent £14,400 pa; fully let potential £26,400 pa
Long lease to Feb 2254 (c.230 years remaining)
Estate charge c.£4,000 pa (not fixed) payable by landlord
Each suite qualifies for small business rates relief
High-speed Fibrespeed broadband available on site
VAT payable on purchase; sale anticipated as TOGC
A compact, long-lease commercial investment in Parc Menai, offered as a 2,200 sq ft long lease (expires Feb 2254). The mid-terrace two-storey brick unit is arranged as three suites (1,000 / 600 / 600 sq ft), with 10 allocated parking spaces and communal kitchen/WC. High-speed Fibrespeed broadband is available and the space is presented in broadly good order for immediate occupation or letting.
Currently part-let: two suites let (one short 3-year term, one longer 9-year term with periodic breaks) producing a passing rent of £14,400 pa; rental income rises to £26,400 pa when fully let. Each suite qualifies for small business rates relief, and the long lease structure with c.230 years remaining suits SIPP buyers or investors seeking a straightforward estate purchase. Sale is expected by way of TOGC; VAT is payable.
Notable operating costs and considerations are candidly disclosed: an estate charge of approximately £4,000 pa (not fixed) is payable by the landlord for estate management services. Shared WCs and kitchen mean limited separation between occupiers, and the immediate area records higher deprivation levels which may affect tenant mix. The property offers clear upside through reletting the vacant suite and active management of service costs, but buyers should allow for ongoing estate charges and VAT when modelling returns.
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