66 & 66A High Street and 1A Wellington Road, Rhyl
Savills flat

66 & 66A High Street and 1A Wellington Road, Rhyl, LL18 1UB

£500,000 Score 2.5/10

Description

To be offered on Wednesday 29 July. High Yielding Mixed use Investment. Comprises 3 x Retail units and 4 x Flats. Occupies a prominent corner position. Vacant retail unit (formerly let at £14, 000 pa). Asset Management Potential via letting of vacant retail unit. 6 week completion. VAT is applicable. Investment let at £57, 280 per annum (11.46% GIY) on guide price + one vacant retail unit.

Opportunities

  • Vacant
  • Quick completion
  • Title split (4 units)

Risks

  • EPC G — cannot legally let without upgrading (MEES regs)

Lot details

  • To be offered on Wednesday 29 July
  • High Yielding Mixed use Investment
  • Comprises 3 x Retail units and 4 x Flats
  • Occupies a prominent corner position
  • Vacant retail unit (formerly let at £14, 000 pa)
  • Asset Management Potential via letting of vacant retail unit
Check bridging finance for this lot → View on Savills ↗

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