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Freehold Betting Office Investment and Vacant Flat

10 Station Road, Colwyn Bay, Clwyd, LL29 8BU

£150,000
Commercial
About this Property
2022-11-01
150000
Traditional
Commercial
Description

Freehold commercial property investment located at 10 Station Road, Colwyn Bay, Clwyd, LL29 8BU. This property is let to William Hill Organization Limited on a new 15-year lease, with a rental value of £15,000. It is situated on an established retail parade, opposite WHSmith and Betfred, and includes a vacant first-floor flat. The rent review is set to annual CPI increases in the 5th year, with a cap and collar of 2.5% - 5%. The property is in close proximity to Colwyn Bay Station and the A55, with various occupiers nearby including Domino's Pizza, NatWest, Boots, and HSBC. VAT is not applicable.

Location
More Information
Freehold
Station Road
Planing Authority
Conwy
Sold Price History
08 Dec 2022Sold Lot Allsop£185,000
01 May 2025Sold Lot Allsop£154,000

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