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About this property

Freehold Mixed-Use Property in Town Centre- For Sale via Online Auction unless sold or withdrawn prior. Please read & follow the online auction terms and conditions on our live site-https://tppuk.com/online-auctions/

Key Features

  • Freehold Property
  • End Terraced
  • Investment Opportunity
  • Circa £17,000 Annual Rental Income Currently Achieved
  • EPC: D & E / Council Tax Band: A / Business Rates: TBC
  • Online Auction Date 10th April 2025 unless sold or withdrawn prior

Property Description

A freehold investment opportunity, ideally positioned (in our opinion) opposite Subway and KFC in a town centre location. This mixed-use property currently generates a gross annual income circa £17,000 (2025) from three separate tenancies, offering both commercial and residential rental income (lease information to be included and confirmed within the legal pack).

The ground-floor retail unit is currently let until December 2026 at £8,000 per annum. In addition to this retail space, the unit includes a kitchen and cloakroom at the rear, with a staircase leading down to two lower-ground storage rooms with direct access to the rear service road. The two upper-floor flats are both let to long-term tenants. The top-floor flat we have been informed generates £3,380 per annum, while the middle-floor flat achieves £5,940 per annum (leases to be included within the pack), giving the property a rental yield of 15.7% on the guide price, which we consider a good investment.

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Guide Price

Under Offer

£110,000

Not Specified
  • 2
  • 2
  • 3

Abergele Road, Colwyn Bay, LL29

2 Bed Not Specified Under Offer

About this property

Freehold Mixed-Use Property in Town Centre- For Sale via Online Auction unless sold or withdrawn prior. Please read & follow the online auction terms and conditions on our live site-https://tppuk.com/online-auctions/

Key Features

  • Freehold Property
  • End Terraced
  • Investment Opportunity
  • Circa £17,000 Annual Rental Income Currently Achieved
  • EPC: D & E / Council Tax Band: A / Business Rates: TBC
  • Online Auction Date 10th April 2025 unless sold or withdrawn prior

Property Description

A freehold investment opportunity, ideally positioned (in our opinion) opposite Subway and KFC in a town centre location. This mixed-use property currently generates a gross annual income circa £17,000 (2025) from three separate tenancies, offering both commercial and residential rental income (lease information to be included and confirmed within the legal pack).

The ground-floor retail unit is currently let until December 2026 at £8,000 per annum. In addition to this retail space, the unit includes a kitchen and cloakroom at the rear, with a staircase leading down to two lower-ground storage rooms with direct access to the rear service road. The two upper-floor flats are both let to long-term tenants. The top-floor flat we have been informed generates £3,380 per annum, while the middle-floor flat achieves £5,940 per annum (leases to be included within the pack), giving the property a rental yield of 15.7% on the guide price, which we consider a good investment.

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