An excellent opportunity to acquire a mixed-use investment property. Being offered for sale on a freehold basis this 3 storey unit is currently occupied on a commercial tenancy to the ground floor with residual of a 5 year tenancy from July 2020 at a passing rent of £13,116 per annum. Additional income is currently generated from using the upper two floors as well presented holiday lets but would be equally suited as long term lets or for personal occupancy. Whilst the income generated from holiday lets can fluctuate from year to year as an indication of the income generated the rates achieved can vary from £125 per night in low season to £175 per night at the prime time of year. This has equated to an income from the two apartments in the region of £12,850 over the 6 month period from January 1st 2024 to June 30th 2024.
Being situated quite literally within a stones throw of the beautiful water front in Menai Bridge and just a couple of hundred yards from the town centre the property is ideally situated to take advantage of the towns bespoke shops, popular public houses, and restaurants.

Occupying a highly visible corner site for the ground floor commercial unit the upper floor apartments take advantage of the superb location enjoying views over the Menai Strait, with bright and open plan accommodation with gas fired central heating and are currently laid out to provide a fitted kitchen with open plan layout leading into the lounge area together with a master bedroom having shower room en suite, and a further second bedroom and bathroom

Rooms

Ground Floor Commercial Unit

Reception Area 23' 0'' x 18' 4'' (7.02m x 5.58m)
Providing a spacious and welcoming reception area with double doors and two windows to the front. Doors lead off at the side to:

Office 1 10' 0'' x 10' 0'' (3.06m x 3.05m)
With window to the front and side.

Office 10' 0'' x 7' 11'' (3.05m x 2.42m)
With window to side.

Cloakroom
With wc and wash hand basin

Kitchen Area 6' 0'' x 3' 9'' (1.84m x 1.14m)
With single drainer sink unit having cupboard storage below

First Floor
The apartment are approached via an external side doorway leading into a staircase shared with the apartments with a private doorway leading into each apartment:-

Apartment 1

Entrance Hall 1
With an open plan layout leading into the kitchen.

Entrance Hall 2
With single radiator, and open plan at the far end leading into the spacious living room space.

Kitchen 16' 10'' x 9' 11'' (5.12m x 3.02m)
Being comprehensively fitted with a range of matching wall and base units incorporating a fitted fridge/freezer and integrated oven and hob. The room has an open plan layout to ensure the views over the Menai Strait are appreciated from the kitchen and opens into:

Lounge 19' 1'' x 13' 8'' (5.82m x 4.16m)
With two double French doors opening onto Juliet balconies and taking in the lovely views to the Menai Strait and the mainland with further window to the side enjoying an outlook over rooftops to the Menai Suspension Bridge. Two radiators.

Bedroom 1 1 18' 11'' x 8' 10'' (5.77m x 2.70m)
With two windows to side having similar outlook as the lounge to the Menai Suspension bridge, two radiators, door to:

Bedroom 1 2 11' 9'' x 7' 8'' (3.58m x 2.33m)
With window to side, and double radiator.

En-suite Shower Room 1
With shower cubicle, wash hand basin and wc.

En-suite Shower Room 2
With suite of corner shower cubicle, wash hand basin and wc.

Bedroom 2 1 9' 10'' x 8' 10'' (3.00m x 2.70m)
With window to side having similar outlook as the lounge to the Menai Suspension bridge, and single radiator.

Bedroom 2 2 14' 2'' x 7' 10'' (4.33m x 2.38m)
With two roof windows to the side, and radiator.

Bathroom 1
Being fitted with four piece suite comprising panelled bath, wash hand basin, shower cubicle and WC, Tiled walls and floor.

Bathroom 2
Fitted with three piece suite comprising corner bath, wash hand basin and wc. Window to side, single radiator, and tiled flooring.

Apartment 2
Providing a 2 bedroomed unit

Open Plan Kitchen/Living Room 23' 6'' x 19' 3'' (7.17m x 5.88m)
Providing a bright and airy loft style room with double doors to a Juliet balcony framing the spectacular views over the Menai Strait and to the mainland with two further windows to the side ensuring plenty of natural light. The spacious room which has two double radiators naturally splits to create distinct lounge and kitchen areas with the kitchen space being well fitted with a wealth of matching light oak wall and base units incorporating a fitted five ring electric oven with five ring gas hob and extractor unit above as well as an integrated fridge.

Tenure
We have been advised that the property is held on a freehold basis.

Estate Agents In North Wales You Can Trust! Williams & Goodwin have been selling, buying and renting property in North Wales since the early 1980s and are ideally placed to give you the right advice on presentation, marketing and price. We are independent estate agents committed to providing a friendly and personal customer service. At Williams & Goodwin The Property People, we are here to let or sell your property in the fastest time, for the best price, in the easiest and most stress-free way possible, helping everyone achieve their ideal home with 4 sales and letting offices covering Anglesey & Gwynedd Williams & Goodwin The Property People Ltd also have a dedicated property Management department and Auction division with All Wales Auction. Qualified by examination and experience to give you the guarantee of a dedicated exceptional service. The company has won over 30 top industry awards in recent years in Sales, Lettings & Auctioneering. Members of The Guild Of Professional Estate agents we link to over 750 offices throughout the UK and we are members of RICS, NAEA, ARLA and NAVA. Our Holyhead & Llangefni offices also have Principality Building Society agencies.

4 bedroom block of apartments for sale

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Features and description

Rooms

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