FREEHOLD FOR SALE
The property occupies a 3-storey traditional welsh stone construction building over ground, first and second floor. The ground floor comprises a former banking hall, whilst first and second floor is occupied by a residential tenant. Tenure The property is held freehold with the 1st and 2nd floor flat let to a residential tenant, on an Assured Tenancy Basis at a rent of £360 pcm. Price Offers in excess of £250,000 for the benefit of the freehold interest. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £9,900.00 and the rates payable are £4,940.10 pa. The UBR for 2017/2018 is 49.90p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposesLess
The property is located on Holyhead Road, Betws-y-Coed, in the Conwy valley County Borough of Snowdonia National Park. Popular amongst tourists, the village boasts a high concentration of Hotels, Guesthouses and B&B’s. The majority of retail operators within Betws-y-Coed are local retailers, although the village is partly made up of a mixture of convenience led national retail properties which serves the needs of the residents and tourists within the area. These national retailers include Spar, Londis, Millets and Cotswolds Outdoor Clothing.