Property for sale

A prime commercial property located in the heart of Ruthin's vibrant Town Centre, with a lucrative investment opportunity. This multi-use building boasts a retail shop with a long-term lease, ensuring a stable income stream. Above sits two large 2 bedroomed apartments, which offer additional rental potential. The property is situated in a bustling location, and combines a high footfall with a strong yield, making it an attractive proposition for savvy investors seeking a diversified and resilient investment in a thriving community.

Agents Remarks - The retail area on the ground floor is currently rented by the Children's Society on a long lease. This arrangement provides stability and currently has 5 years remaining on the lease agreement. The Children's Society is a reputable organisation, ensuring a strong tenant and a commitment to long-term occupancy.
Above the shop premises, the apartments will be vacant on completion, but have previously been tenanted on a long term basis which provided an additional income, which in turn would make a further lucrative income stream and a consistent cash flow.
The property is situated in the bustling Town Centre, which this lucrative business venture enjoys a prime position, strategically placed to attract a steady flow of passing trade.

Nestled in the picturesque landscapes of North Wales, Ruthin exudes charm with its historic character and scenic surroundings. The Town is adorned with medieval architecture, including the notable Ruthin Castle, standing as a testament to its rich heritage. Strolling through the cobbled streets, you'll encounter a delightful blend of traditional shops, cafes, and pubs, creating a warm and inviting atmosphere.
Ruthin is surrounded by lush countryside, offering stunning views of the Clwydian Range, which is designated as an Area of Outstanding Natural Beauty. The town is also known for its vibrant community, hosting events and festivals that celebrate local culture and traditions.
Visitors can explore landmarks like St Peter's Church, known for its distinctive timber roof, and the Nantclwyd y Dre, recognized as the oldest timbered townhouse in Wales. With its friendly ambiance, historic allure, and proximity to natural wonders, Ruthin stands as a captivating destination in North Wales, welcoming both residents and visitors alike.

Retail Shop - Internally, versatility and size of the ground floor makes the retail area perfect for a steady stream of footfall. The open-plan sales area with suspended ceiling, solid floors, plastered walls, and integral lighting occupies the majority of the ground floor. To the rear is a small storage room with staff W.C and kitchen facilities. There is a further storeroom to the rear of the serving counter.

Sales Area - 649sq.ft

Window Display - 92sq.ft

Storeroom - 20sq.ft

Staff Room - 95sq.ft

Accommodation - The accommodation is situated on the first and second floor, and provides two self contained apartments, which are accessed by means of a shared staircase from an adjoining service alley. Each flat provides a living area, kitchen, bathroom and two bedrooms.
The apartments are independently serviced and benefit from Gas central heating. The apartments are split level in parts which provide versatility.

Apartment 1 - First Floor - 4.60m x 3.35m (15'1 x 11'0) - Front aspect window with radiator, and feature fireplace.

Kitchen - 3.53m x 1.88m (11'7 x 6'2) - A range of base and wall units, preparation surfaces, additional shelving and cooker points.

Bedroom 1 - 4.24m x 3.71m (13'11 x 12'2) - Double bedroom with dual aspect window and radiator.

Bedroom 2 - 3.61m x 2.74m (11'10 x 9'0) - Double bedroom with front aspect window and radiator.

Bathroom - 3.10m x 2.62m (10'2 x 8'7) - Bath with shower over, ow flush W.C, pedestal wash hand basin and part time walls.

Apartment 2 - Lounge - 4.45m x 3.33m (14'7 x 10'11) - Front aspect window, radiator and feature fireplace.

Kitchen - 6.27m x 2.31m (20'7 x 7'7) - A range of base and wall units, preparation surfaces, sink unit and cooker points.

Bedroom 1 - 3.68m x 2.95m (12'1 x 9'8) - Double bedroom with front aspect window and radiator.

Bedroom 2 - 3.28m x 2.79m (10'9 x 9'2) - Double bedroom with front aspect window and radiator.

Outside - There are no external areas associated with the property of any significance. We are however, advised that the rear yard and alleyway form part of the property and are used for external storage purposes and a shared right of way to the adjoining properties. In Addition, there is a small pavement area to the front of the property.

Method Of Sale - The land is to be offered for sale by Private Treaty.

Misrepresentation Act - These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property.

Money Laundering - The successful purchaser will be required to produce adequate identification to prove their identity within the terms of the Money Laundering Regulations. Appropriate examples include: Passport, Photo Driving Licence and a recent Utility Bill.

Plans & Particulars - These have been carefully prepared and are believed to be correct, but interested parties must satisfy themselves as to the correctness of the statements within them. No person in the employment of Jones Peckover, the Agents, has any authority to make or give any representation or warranty whatsoever in relation to this property, and these particulars do not constitute an offer or contract. Certain boundary lines may not accord with those identified on the plans accompanying this brochure and some internal divisions may have been removed since the Ordnance Survey compiled the relevant Map Editions.

Services - Mains electricity, gas, water and drainage are connected to the property. None of the services have been tested for capacity or correct functioning, potential purchasers should satisfy themselves entirely regarding these matters.

Tenure - Assumed Freehold - Confirmation should be sought from your Solicitors

Viewing - By arrangement with the Agents, Jones Peckover, 61 Market Street, Abergele, Conwy LL22 7AF.