Mixed use

TO BE SOLD BY ONLINE AUCTION ON 22ND JANUARY 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS

33-35 Water Street, Rhyl, LL18 1SR

Mixed-Use Four-Story Commercial Property with Significant Income Potential!

This versatile four-story property previously operated as a takeaway on the ground floor, while the upper three floors served as aparthotels, reportedly generating an impressive £25,000 annually through Booking.com!

The ground floor is currently a blank canvas, offering great potential to transform, It could be converted into an additional aparthotel unit or repurposed for a variety of commercial uses, depending on your vision.

The first floor features a well-appointed one-bedroom flat, complete with a kitchen, bathroom, and lounge. The second and third floors each house spacious two-bedroom flats, both equipped with kitchens and bathrooms, providing comfortable living spaces suitable for short- or long-term rental.

*VIRTUAL VIEWING AVAILABLE*

This property is an outstanding investment opportunity, ideal for maximizing rental income or establishing a vibrant mixed-use commercial and residential hub.

Here are some similar properties taken from Land Registry which have sold close by:

38, Wellington Road, Rhyl, LL18 1BN Sold - 05/04/2023 £130,000 0.11 mi

53 - 55, High Street, Rhyl, LL18 1TH Sold - 03/11/2022 £150,000 0.13 mi

57, High Street, Rhyl, LL18 1TH Sold - 02/11/2022 £141,000 0.13 mi

Vacant possession. EPC on order. Sold as seen.

Situated close to Rhyl's seafront, promenade and marina with all its recreational facilities, the retail park is also near by with Rhyl's main town centre being a short drive away.