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Retail Investment (Let to Nat West) with Planning for 10 Flats, 17 Mona Street, Almwch, Anglesey, Wales, LL68 9AN

For sale: £250,000.00|3,797 Sq Ft|Flat, Residential Land, General Retail, Retail - High Street, Land, Mixed Use, Residential, Retail, Commercial Land, Other Property Types & Opportunities

Property details

FOR SALE£250,000.00
SIZE3,797 Sq Ft
ADDRESS17 Mona Street, Amlwch, Anglesey, LL68 9AN
TYPEFlat, Residential Land, General Retail, Retail - High Street, Land, Mixed Use, Residential, Retail, Commercial Land, Other Property Types & Opportunities
TENUREDevelopment Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON18th June 2020

Description

Offers Invited in Excess of ~ Prominent period corner premises, arranged over the ground, first & second floors, with a large car park. The ground floor is let to National Westminster bank at a passing rent of £6,900 per annum. We understand that planning permission has been granted to convert the uppers into 3 x 1 beds & 1 x 2 beds flats. Also, the rear of the car park has planning for a new 3 storey detached building to incorporate 6 x 2 bed flats.

Freehold, with the benefit of a 20 year lease from December 2006 to National Westminster Bank Plc, with 5 yearly rent reviews and no break clause. We have been advised that the upper parts are currently vacant.

Situated on Mona St (B5111), between Trehinon & Bull Bay Rd (A5025) in Amlwch on Anglesey in North Wales. The A55 & A5 are both in close proximity, providing easy vehicular access to Snowdonia National Park (25 miles away), Chester, Liverpool & Wrexham (all approx. 90 miles away). The M6 & M54 motorways are both approx. 130 miles away. Valley railway station is approx. 13 miles away, providing services into Birmingham, Cardiff & Manchester. There are also buses serving the area located on Parys Rd, a few minutes walk away near the library

Location

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Location: 17 Mona Street, Amlwch, Anglesey, LL68 9AN
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