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Retail Units & Shops

Clwyd

Conwy

property

Let

6 Station Road 6 Station Road, Conwy, ll26 0ep

Use Class

Rent pa

POA

Market Sector

High Street Scheme

Description

Freehold investment for sale, let to RBS Plc.

Purchase Price - £175,000

GROUND FLOOR - Let to the Royal Bank of Scotland Plc for a term expiring 23rd June 2025, subject to an outstanding rent review effective June 2010 and five yearly thereafter, at the passing rent of £9,250 per annum. The lease includes a tenant break clause effective 24th June 2015, upon giving 6 months prior notice.

UPPER FLOORS- Sold to Kirsch Bowker on a 250 year long leasehold expiring 4th April 2262 at a peppercorn rent.

The Royal Bank of Scotland PLC has a Dun & Bradstreet rating of 5A1, indicating a financial strength of £45+ billion (based on tangible net worth) and on overall condition which is Strong (Minimum Risk)

Location

The property occupies a prominent corner location on Station Road in Llanrwst, which is situated on the A470, 13 miles south of Conwy.

The premises are surrounded by a good mix of local and multiple operators including Boots, Co-op supermarket, Barclays and Betfred.

Key Information

Viewing

Appointments to view should be made strictly by prior appointment through Jonathan Netley of this office. Email: jnetley@tushinghammoore.co.uk

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.