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Retail Units & Shops

Clwyd

Mold

property

Let

26 High Street High Street, Mold, CH7 1AZ

Use Class

Size

1,758 sq ft

Rent pa

£40,000

Price

£545,000

Market Sector

High Street Scheme

Key Features

Freehold Bank Investment in Attractive Market Town
Let to Nationwide Building Society until March 2024
Rebased rent of £40,000 pa
Price: Offers in excess of £545,000, subject to contract & exclusive of VAT
Shows a net initial yield of 7% after allowing for purchaser's costs at 4.87%

Description

For Sale - Freehold Bank Investment

The property is of traditional construction and is arranged to provide a ground floor retail unit with ancillary accommodation at first and second floors.

Location

Mold is an attractive market town in North Wales and is the administrative seat of Flintshire County Council. The town is situated approximately 10 miles west of Chester, 12 miles north west of Wrexham, and 49 miles south west of Manchester. The A55 North Wales Expressway linking North Wales to the north west of England is located 3 miles to the north of the town.

Mold has a residential population of almost 10,000 people and wider catchment population of around 70,000. The town hosts the busiest street market in North Wales which is held on High Street on Wednesdays and Saturdays. In addition, the livestock market which is held on Mondays and Fridays draws a significant number of visitors to the town.

Disclaimer

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.