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Mixed use for sale
Water Street -, Rhyl
£92,000
Water Street -, Rhyl
£92,000
Our Summary
- TO BE SOLD BY ONLINE AUCTION ON 4TH DECEMBER 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS
- 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
- This property is an outstanding investment opportunity, ideal for maximizing rental income or establishing a vibrant mixed-use commercial and residential hub
Description
This mixed-use four-story commercial property in Rhyl, Wales, is being sold by online auction on December 4th, 2024, unless sold prior. The property has significant income potential, with the ground floor previously operating as a takeaway and the upper three floors serving as aparthotels, generating £25,000 annually through Booking.com. The property offers a blank canvas on the ground floor, allowing for potential conversion into an additional aparthotel unit or repurposing for various commercial uses. The upper floors feature three spacious flats, each with kitchen and bathroom facilities, suitable for short- or long-term rental. The property is an excellent investment opportunity, ideal for maximizing rental income or establishing a vibrant mixed-use commercial and residential hub.