22-23 Queen St 3,146 SF Retail Building Wrexham LL11 1AL $438,443 ($139.37/SF)

22/23 Queen Street comprises a substantial three-storey property arranged over basement, ground and first floor, extending to approximately 3,146 sq ft (292 sq m). The building occupies a prominent position on the east side of Queen Street in the heart of Wrexham’s town centre, benefitting from strong pedestrian footfall.
The ground floor is currently configured as a betting office, with ancillary accommodation on the upper floors. The property offers future potential for alternative uses or residential conversion to the upper parts, subject to obtaining the necessary consents and the existing lease.
The entire property is let to Done Brothers (Cash Betting) Limited t/a Betfred) on a Full Repairing and Insuring Lease for a term of 5 years from March 2023, with reversion in 2028. The current passing rent is £35,000 per annum.
This is a strong income-producing freehold investment let to Done Brothers (Cash Betting) Limited, trading as Betfred, one of the UK's largest independent betting operators. Betfred generates annual turnover in excess of £1.4 billion, operates over 1,000 betting shops nationwide, and employs several thousand staff across its retail and online operations. The combination of a secure lease, attractive yield, and town centre location makes this an appealing addition to any commercial investment portfolio.