Use Class E
3,212 sq ft
3,212 sq ft
Marketed by Mason Owen
Foodstore Investment for Sale
The premises comprise a single storey building which was previously 2 self-contained retail units, of traditional brick construction beneath a flat felted roof and an adjoining 2 storey brick built building under a pitched slate roof to the rear. The Property benefits from rear servicing off Kinmel Street. Internally the premises provide ground floor retail space with ancillary space to the rear. Please note access to the first floor has been removed.
The coastal town of Rhyl is located in North Wales, approximately 32 miles west of Chester and 30 miles east of Bangor. The town benefits from excellent communications with the A5 North Wales Expressway, being only 4 miles to the South, which provides access to North Wales as well linking with the national motorway network by the M53 and M56 at Chester. Rhyl has a railway station lying on the main west coast line, which connects Holyhead with London Euston. The town has a resident population of approximately 25,149 persons although this increases dramatically during the summer months as Rhyl is a popular tourist destination with a variety of caravan and camping sites situated along the sea front and inland.
Accommodation details below:
|sq ft||sq m|
|Ground Floor Sales||3,212||298|
|Ground Floor Ancillary||2,097||194|
|First Floor VOID||924||85.8|
The premises are let in their entirety to Heron Foods Limited for a term of 5 years from 15 January 2021 at an initial rent of £17,500 pa. The lease is drawn on a full repairing and insuring terms and there is a tenant only break option on the third anniversary of the term subject to 6 months notice. Prior to the lease renewal in 2021 the passing rent was £57,500 pa.
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
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