6 Week completion
Located in this town centre position nearby William Hill, HSBC, YMCA and KFC and close to the junction with the High Street which houses a host of multiple traders such as The Money Shop, Barclays, Poundland, Greggs, Holland & Barrett and many more.
Rhyl is a popular tourist destination located on the coast of North Wales lying 30 miles west of Chester and 16 miles east of Llandudno having good road links to the A55 (Junction 24) and the M53.
A mid terrace building comprising a Ground Floor Shop with internal and separate front access to Ancillary Accommodation on the first and second floors. In addition, there is a small rear yard.
Ground Floor Shop
Gross Frontage 21'0"
Internal Width 18'8"
Shop & Built Depth 35'7"
Area Approx. 557 sq ft
Kitchen Area Approx. 77 sq ft plus WC
3 Rooms Area Approx. 376 sq ft
Area Approx. 111 sq ft
3 Rooms Area Approx. 364 sq ft
Total Area Approx. 1,485 sq ft
VAT is NOT applicable to this Lot
The entire property is let on a full repairing and insuring lease to Barnardo's (having approx. 720 branches) for a term of 5 years from 29th September 2014 (in occupation for over 30 years) at a current rent of £10,500 per annum exclusive (see Note).
The rent is currently £10,000 p.a. and rises to £10,500 p.a. in September 2017 and the Vendor will make up the rent shortfall on completion.