Being situated just a few yards from the Menai Bridge waterfront and commanding superb views over the Menai Strait, is this mixed use property which whilst currently used as an investment property providing a ground floor retail unit with 2 additional self-contained flats, would also lend itself to a home with an income enabling a purchaser to occupy one of the flats and enjoy the convenience and attractive views whilst still generating a generous income from the remaining 2 units.
An excellent opportunity to acquire a mixed-use investment property. Being offered for sale on a freehold basis this 3 storey unit is currently occupied on a commercial tenancy to the ground floor with residual of a 5 year tenancy from July 2020 at a passing rent of £13,116 per annum. Additional income is currently generated from using the upper two floors as well presented holiday lets but would be equally suited as long term lets or for personal occupancy. Whilst the income generated from holiday lets can fluctuate from year to year as an indication of the income generated the rates achieved can vary from £125 per night in low season to £175 per night at the prime time of year. This has equated to an income from the two apartments in the region of £12,850 over the 6 month period from January 1st 2024 to June 30th 2024. Being situated quite literally within a stones throw of the beautiful water front in Menai Bridge and just a couple of hundred yards from the town centre the property is ideally situated to take advantage of the towns bespoke shops, popular public houses, and restaurants. Occupying a highly visible corner site for the ground floor commercial unit the upper floor apartments take advantage of the superb location enjoying views over the Menai Strait, with bright and open plan accommodation with gas fired central heating and are currently laid out to provide a fitted kitchen with open plan layout leading into the lounge area together with a master bedroom having shower room en suite, and a further second bedroom and bathroom
The property can be found by proceeding from the square in Menai Bridge town centre taking the turning at the side of The Bulkley Arms into Water Street and then turning left again at The Liverpool Arms. Pier House will then be found next to the Liverpool Arms, overlooking the entrance to the Pier and opposite the highly popular Dylan's restaurant.
Ground Floor Commercial Unit
Reception Area 23' 0'' x 18' 4'' (7.02m x 5.58m)
Providing a spacious and welcoming reception area with double doors and two windows to the front. Doors lead off at the side to:
Office 1 10' 0'' x 10' 0'' (3.06m x 3.05m)
With window to the front and side.
Office 10' 0'' x 7' 11'' (3.05m x 2.42m)
With window to side.
Cloakroom
With wc and wash hand basin
Kitchen Area 6' 0'' x 3' 9'' (1.84m x 1.14m)
With single drainer sink unit having cupboard storage below
First Floor
The apartment are approached via an external side doorway leading into a staircase shared with the apartments with a private doorway leading into each apartment:-
Apartment 1
Entrance Hall
With an open plan layout leading into the kitchen.
Kitchen 16' 10'' x 9' 11'' (5.12m x 3.02m)
Being comprehensively fitted with a range of matching wall and base units incorporating a fitted fridge/freezer and integrated oven and hob. The room has an open plan layout to ensure the views over the Menai Strait are appreciated from the kitchen and opens into:
Lounge 19' 1'' x 13' 8'' (5.82m x 4.16m)
With two double French doors opening onto Juliet balconies and taking in the lovely views to the Menai Strait and the mainland with further window to the side enjoying an outlook over rooftops to the Menai Suspension Bridge. Two radiators.
Bedroom 1 18' 11'' x 8' 10'' (5.77m x 2.70m)
With two windows to side having similar outlook as the lounge to the Menai Suspension bridge, two radiators, door to:
En-suite Shower Room
With shower cubicle, wash hand basin and wc.
Bedroom 2 9' 10'' x 8' 10'' (3.00m x 2.70m)
With window to side having similar outlook as the lounge to the Menai Suspension bridge, and single radiator.
Bathroom
Being fitted with four piece suite comprising panelled bath, wash hand basin, shower cubicle and WC, Tiled walls and floor.
Apartment 2
Providing a 2 bedroomed unit
Entrance Hall
With single radiator, and open plan at the far end leading into the spacious living room space.
Open Plan Kitchen/Living Room 23' 6'' x 19' 3'' (7.17m x 5.88m)
Providing a bright and airy loft style room with double doors to a Juliet balcony framing the spectacular views over the Menai Strait and to the mainland with two further windows to the side ensuring plenty of natural light. The spacious room which has two double radiators naturally splits to create distinct lounge and kitchen areas with the kitchen space being well fitted with a wealth of matching light oak wall and base units incorporating a fitted five ring electric oven with five ring gas hob and extractor unit above as well as an integrated fridge.
Bedroom 1 11' 9'' x 7' 8'' (3.58m x 2.33m)
With window to side, and double radiator.
Bathroom
Fitted with three piece suite comprising corner bath, wash hand basin and wc. Window to side, single radiator, and tiled flooring.
Bedroom 2 14' 2'' x 7' 10'' (4.33m x 2.38m)
With two roof windows to the side, and radiator.
En-suite Shower Room
With suite of corner shower cubicle, wash hand basin and wc.
Tenure
We have been advised that the property is held on a freehold basis.
4 Bed End of Terrace For Sale
Being situated just a few yards from the Menai Bridge waterfront and commanding superb views over the Menai Strait, is this mixed use property which whilst currently used as an investment property providing a ground floor retail unit with 2 additional self-contained flats, would also lend itself to a home with an income enabling a purchaser to occupy one of the flats and enjoy the convenience and attractive views whilst still generating a generous income from the remaining 2 units.
Ground Floor Commercial Unit
Reception Area 23' 0'' x 18' 4'' (7.02m x 5.58m)
Providing a spacious and welcoming reception area with double doors and two windows to the front. Doors lead off at the side to:
Office 1 10' 0'' x 10' 0'' (3.06m x 3.05m)
With window to the front and side.
Office 10' 0'' x 7' 11'' (3.05m x 2.42m)
With window to side.
Cloakroom
With wc and wash hand basin
Kitchen Area 6' 0'' x 3' 9'' (1.84m x 1.14m)
With single drainer sink unit having cupboard storage below
First Floor
The apartment are approached via an external side doorway leading into a staircase shared with the apartments with a private doorway leading into each apartment:-
Apartment 1
Entrance Hall
With an open plan layout leading into the kitchen.
Kitchen 16' 10'' x 9' 11'' (5.12m x 3.02m)
Being comprehensively fitted with a range of matching wall and base units incorporating a fitted fridge/freezer and integrated oven and hob. The room has an open plan layout to ensure the views over the Menai Strait are appreciated from the kitchen and opens into:
Lounge 19' 1'' x 13' 8'' (5.82m x 4.16m)
With two double French doors opening onto Juliet balconies and taking in the lovely views to the Menai Strait and the mainland with further window to the side enjoying an outlook over rooftops to the Menai Suspension Bridge. Two radiators.
Bedroom 1 18' 11'' x 8' 10'' (5.77m x 2.70m)
With two windows to side having similar outlook as the lounge to the Menai Suspension bridge, two radiators, door to:
En-suite Shower Room
With shower cubicle, wash hand basin and wc.
Bedroom 2 9' 10'' x 8' 10'' (3.00m x 2.70m)
With window to side having similar outlook as the lounge to the Menai Suspension bridge, and single radiator.
Bathroom
Being fitted with four piece suite comprising panelled bath, wash hand basin, shower cubicle and WC, Tiled walls and floor.
Apartment 2
Providing a 2 bedroomed unit
Entrance Hall
With single radiator, and open plan at the far end leading into the spacious living room space.
Open Plan Kitchen/Living Room 23' 6'' x 19' 3'' (7.17m x 5.88m)
Providing a bright and airy loft style room with double doors to a Juliet balcony framing the spectacular views over the Menai Strait and to the mainland with two further windows to the side ensuring plenty of natural light. The spacious room which has two double radiators naturally splits to create distinct lounge and kitchen areas with the kitchen space being well fitted with a wealth of matching light oak wall and base units incorporating a fitted five ring electric oven with five ring gas hob and extractor unit above as well as an integrated fridge.
Bedroom 1 11' 9'' x 7' 8'' (3.58m x 2.33m)
With window to side, and double radiator.
Bathroom
Fitted with three piece suite comprising corner bath, wash hand basin and wc. Window to side, single radiator, and tiled flooring.
Bedroom 2 14' 2'' x 7' 10'' (4.33m x 2.38m)
With two roof windows to the side, and radiator.
En-suite Shower Room
With suite of corner shower cubicle, wash hand basin and wc.
Tenure
We have been advised that the property is held on a freehold basis.
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