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AGENT'S DETAILS


Wrexham - Leasehold Portfolio of 25 Apartments Let on Assured Shorthold Tenancies

For sale: POA|14480 Sq Ft|Residential, Flat

PROPERTY DETAILS

FOR SALEPOA
SIZE14480 Sq Ft
ADDRESSTY Henblas, Wrexham, Queen Street LL11 1AB
TYPEResidential, Flat
TENUREFor Sale Leasehold
POSTED ON21st September 2020

DESCRIPTION

Investment Consideration:
Rental Income: £142,440 p.a.
Town centre location.
Comprising a portfolio of 25 newly built apartments in a converted shopping centre.
The portfolio consist of 17 x 1-bed Apartments and 8 x 2-bed Apartments, arranged over first and second floor.
Held on a 250 year lease from 1st January 2019.
Situated approximately 5 miles west of the English border, Wrexham is the largest town and administrative centres of North Wales.
Occupiers nearby include Vodafone, Barclays, Caffe Nero, Holland & Barrett, Post Office and Halifax, amongst many more.
VAT is NOT applicable to this property.

Property Description:
The portfolio of apartments comprises 17 x 1-bed Apartments and 8 x 2-bed Apartments arranged over first and second floor. The flats are newly built to a high standard, being part of a converted shopping centre comprising 53 residential units in total.

The portfolio provides the following accommodation and dimensions:
First Floor: 85.28 sq m (918 sq ft)
1 x 1-bed Apartments, 1 x 2-bed Apartment
First/Second Floor: 1,260 sq m (13,562 sq ft)
16 x 1-bed Apartments, 7 x 2-bed Apartments

1 – Bedroom Flat : 37 - 64 sq m (395 - 690 sq ft)
Open Plan Lounge / Dining Area – The open plan living area offers a range of wall and base units in the kitchen with complementary work surfaces, stainless steel sink and drainer, electric oven and hob, fridge freezer, spot lighting and an electric heater. The lounge dining area provides television and telephone points plus internet outlet and a further electric heater. Large windows overlooking the mezzanine balcony gives plenty of natural light to the lounge/kitchen area.

Mezzanine Bedroom – Spiral staircase up to the bedroom overlooking the living area below. A bright and spacious bedroom thanks to the windows directly opposite.

Shower Room – Tiled shower cubical with wall mounted shower, low level WC and pedestal hand wash basin. Recess lighting, laminate floor and extractor fan.

2 – Bedroom Flat : 58 - 85 sq m (630 - 920 sq ft)
Open Plan Lounge / Dining Area – The open plan living area offers a range of wall and base units in the kitchen with complementary work surfaces, stainless steel sink and drainer, electric oven and hob, fridge freezer, spot lighting and an electric heater. The lounge dining area provides television and telephone points plus internet outlet and a further electric heater. Large windows overlooking the mezzanine balcony gives plenty of natural light to the lounge/kitchen area.

Mezzanine Bedroom – Spiral staircase up to the bedroom overlooking the living area below. A bright and spacious bedroom thanks to the windows directly opposite.

Bedroom 2 – Large bedroom space with ceiling light point and wall mounted heater

Shower Room – Tiled shower cubical with wall mounted shower, low level WC and pedestal hand wash basin. Recess lighting, laminate floor and extractor fan.

Location:
Located approximately 5 miles west of the English border Wrexham is the largest town and administrative centre of North Wales. The town is situated approximately 13 miles (21km) south west of Chester, 32 miles (52 km) south of Liverpool and 54 miles (85 km) South west of Manchester. The town benefits from significant retail and commercial offerings and is home to Wrexham’s Glyndwr University which is situated on the edge of the Town Centre. Wrexham benefits from very good transport links and excellent road communications with both the A483 and A534 in close proximity linking the town to Chester in the north and Nantwich and Crewe to the East. The M6 and M56 are within a short drive and offer direct access to Liverpool and Manchester and the national motorway network. Occupiers nearby include Vodafone, Barclays, Caffe Nero, Holland & Barrett, Post Office and Halifax, amongst many more.

LOCATION

Location: TY Henblas, Wrexham, Queen Street LL11 1AB

Wrexham Central (0.1 miles)

Wrexham General (0.4 miles)

Gwersyllt (2.1 miles)

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