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Water Street, Denbighshire LL18 Property for sale
Water Street, Rhyl, Denbighshire, LL18
£320,000
Water Street, Rhyl, Denbighshire, LL18
£320,000
Our Summary
- EXCELLENT LOCATION | SHOP & APARTHOTEL | MIXED-USE FREEHOLD PROPERTY | OUTSTANDING INVESTMENT OPPORTUNITYFreehold Mixed-Use Property For SaleWater Street, Rhyl, North WalesA superb opportunity to purchase a fully operational, mixed-use commercial and residential property in the thriving coastal town of Rhyl
- Situated on the popular Water Street, this well-maintained building offers exceptional income potential and is ideal for investors or business operators looking to acquire a ready-made, profitable asset
- Property Overview:Ground Floor:Spacious retail premises with prominent street frontage, ideal for a wide range of commercial uses (subject to the necessary consents)
- An Unmissable Investment Opportunity:Whether you're an investor, developer, or entrepreneur, this is your chance to acquire a fully equipped, income-generating property in one of North Wales’s up-and-coming locations
Description
This freehold mixed-use property in Rhyl, North Wales, offers an outstanding investment opportunity. The property is located on Water Street, a busy town centre location with heavy foot traffic, and features a spacious retail premises on the ground floor, ideal for a variety of commercial uses. The upper floors are currently operated as a successful aparthotel, comprising five stylish, self-contained flats that are fully furnished and equipped. The property generates an annual income in excess of £34,000 and is suitable for continued hospitality use, residential rental, or owner-occupier with retail frontage. With its established reputation and strong reviews, this turnkey opportunity is a rare chance to acquire a fully equipped, income-generating property in a thriving coastal town. The property is being sold for offers in excess of £325,000, with each party responsible for their own legal costs.