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Bangor Road, Penmaenmawr, Conwy, LL34 Land for sale
Bangor Road, Penmaenmawr, Conwy, LL34
£395,000
Bangor Road, Penmaenmawr, Conwy, LL34
£395,000
Our Summary
- There is considerable potential for an investor to restore the three retail units at Stanley House, generating rental income
- Whilst the building has undergone a programme of refurbishment externally, internally, many buyers may wish to redevelop the upper floors into multiple residential units (subject to the necessary consents)
- Additionally, Mareth Hall, located at the rear, offers the potential for various commercial uses or could provide valuable off-road parking (again, subject to relevant consents)
Description
Stanley House, a prominent detached building in Penmaenmawr's town centre, offers a unique opportunity for investors and developers. Originally built in the 1900s, the property features three separate retail units with accommodation above, which have been used as an antiques store and café in recent years. The building has undergone external refurbishment, but the interior still presents a blank canvas for redevelopment. The upper floors have potential to be converted into multiple residential units, subject to necessary consents. Additionally, the detached Mareth Hall to the rear offers space for various commercial uses or off-road parking, also pending relevant approvals. Located in a busy coastal village, Penmaenmawr boasts a range of amenities, a popular golf course, and easy links to major towns along the North Wales coast via the main railway line and A55 expressway.