PRIME DEVELOPMENT OPPORTUNITY - LONG LEASEHOLD FOR SALE OR TO LET

The property is comprised of ground and first floor sales with ancillary space on the second and third floors. Further details available on application. Tenure 125 years from 21st July 1989 at a peppercorn rent. Further details available on request Rent Alternatively, the property is available by way of a new FRI lease at a rent of £200,000 per annum exclusive of rates, service charge and all other outgoings. Price £2.25m for the long-leasehold interest Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £163,000.00 and the rates payable are £80,359.00 pa. The UBR for 2018/2019 is 49.30p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
Less

Location Description

The property occupies a prime position on Mostyn St in the heart of Llandudno Town Centre. The property is located opposite Victoria Shopping Centre and has Holland & Barrett, Marks & Spencer and Pandora within close proximity.

Sizes and Measurements

Total Size

19,944sqft

Sales Area

6,526sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

6,526sqft

Status

Available

Available from

Now

First Floor

Details

Non-Sales

Size

7,127sqft

Status

Available

Available from

Immediately

Second Floor Ancillary

Details

Non-Sales

Size

6,133sqft

Status

Available

Available from

Immediately

Third Floor Ancillary

Details

Non-Sales

Size

158sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease type

Assignment

For rent

£200,000/pa

UBR

49.3p

Ratable Value

£163,000.00

Business Rates

£80,359/pa

Floorplan

Photos

Map Data
Map data ©2019 Google
Map DataMap data ©2019 Google
Map data ©2019 Google
Map
Satellite

Other properties in this area

× Chat now
BESbswy