Units 1-3, 6
Savills flat

Units 1-3, 6, 8 and 10 Church Street, Llangefni, LL77 7DU

£650,000 Score 2.0/10

Description

To be offered on Wednesday 29 July. Substantial Freehold Mixed Use Investment. Comprising 8 shops and 7 flats with additional vacant storage space. Flats arranged as 2 x 2 bedroom and 5 x 1 bedroom. Prominent central location on Church Street, immediately adjacent to ASDA, benefitting from strong local footfall and accessibility. Asset management potential through reletting of vacant shops and future rental growth. Totalling 7, 072 sq ft. VAT is not applicable. Investment let at £69, 330 per annum (10.66% GIY on Guide Price) + 1, 388 sq ft vacant

Opportunities

  • Vacant
  • Title split (14 units)

Risks

  • EPC E — at risk under tightening MEES regulations

Lot details

  • To be offered on Wednesday 29 July
  • Substantial Freehold Mixed Use Investment
  • Comprising 8 shops and 7 flats with additional vacant storage space
  • Flats arranged as 2 x 2 bedroom and 5 x 1 bedroom
  • Prominent central location on Church Street, immediately adjacent to ASDA, benefitting from strong local footfall and accessibility
  • Asset management potential through reletting of vacant shops and future rental growth

Indicative analysis from auction-house listing data. Verify with the legal pack and your broker before bidding.