Available
Colwyn Bay – Large Unmodernised Flat
10A Station Road, Colwyn Bay, Clwyd LL29 8BUVirtual Freehold Residential Investment with Development Potential
Price
£65,000
Rent P.A.
Vacant
Tenure
Leasehold
Area
1,573 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- Vacant possession
- Comprises self-contained apartment arranged over first and second floor
- In need of modernisation. Additional development potential to split into 2 flats or HMO, subject to obtaining planning
- Colwyn Bay Station is close to the property and provides regular services to Chester, Manchester and Holyhead
- Occupiers close by include Domino's Pizza (adjacent), Betfred (opposite), Santander, KFC, Subway, Costcutter and many others.
Key Features
Tenure
Leasehold
VAT
VAT is not applicable.
Property Description
Comprises large self-contained apartment (in need of modernisation), arranged over first and second floor, providing the following accommodation and dimensions:
First Floor: 93 sq m (1,010 sq ft)
Kitchen, living room, 3 rooms, bathroom
Second Floor: 52 sq m (563 sq ft)
3 rooms
Total GIA: 145 sq m (1,573 sq ft)
Development potential to create 2 self-contained flats or convert to HMO, subject to obtaining planning.
First Floor: 93 sq m (1,010 sq ft)
Kitchen, living room, 3 rooms, bathroom
Second Floor: 52 sq m (563 sq ft)
3 rooms
Total GIA: 145 sq m (1,573 sq ft)
Development potential to create 2 self-contained flats or convert to HMO, subject to obtaining planning.
Tenancy Description
Tenure:
Long leasehold. To be held on a 999 Year lease from completion at a ground rent of peppercorn.
Long leasehold. To be held on a 999 Year lease from completion at a ground rent of peppercorn.
Location Description
Colwyn Bay is a popular resort town on the North Wales Coast and close to Llandudno. Colwyn Bay Station is close to the property and provides regular services to Chester, Manchester and Holyhead. In close proximity to the A55 (Holyhead and Chester Expressway) with links to the M56 motorway. The property is situated on the east side of Station Road between its junctions with Conway Road and Victoria Avenue. Occupiers close by include Domino's Pizza (adjacent), Betfred (opposite), Santander, KFC, Subway, Costcutter, Amplifon and many others.