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Londis 345 Abergele Rd 1,590 SF Retail Building Colwyn Bay LL29 9PG $397,159 ($249.79/SF)
Investment Highlights
- High footfall
- Double frontage
- Quick access to local amenities
Executive Summary
Reference: 9381
Mixed-Use Investment Opportunity comprising of the Freehold of the Londis Convenience Store and a Three-Bedroom Rental Flat. The current vendor’s other business
commitments has prompted the sale creating an opportunity for either a full-time owner-operator or an investor seeking a mixed-use freehold commercial and residential property with rental income.
The business has an annual Turnover £355,369 and Gross Profit £109,343. The rental flat above produces an income of £800 per month.
Offers in the region of £289,950.00
Mixed-Use Investment Opportunity comprising of the Freehold of the Londis Convenience Store and a Three-Bedroom Rental Flat. The current vendor’s other business
commitments has prompted the sale creating an opportunity for either a full-time owner-operator or an investor seeking a mixed-use freehold commercial and residential property with rental income.
The business has an annual Turnover £355,369 and Gross Profit £109,343. The rental flat above produces an income of £800 per month.
Offers in the region of £289,950.00
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,590 SF
Building Class
B
Year Built
1907
Price
$397,159
Price Per SF
$249.79
Tenancy
Single
Building Height
2 Stories
Building FAR
0.62
Lot Size
0.06 AC
Frontage
37’ on Abergele Road
Amenities
- 24 Hour Access
- Security System
- Signage
- Storage Space
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Nearby Major Retailers
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Londis | 345 Abergele Rd
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