Knightsbridge House, 11 Gloddaeth Street, Llandudno, LL30 2DD

A leasehold commercial property located on Gloddaeth Street in the centre of Llandudno, held on a lease for 125 years from September 6, 2019, with approximately 118 years remaining. The property is arranged over basement, ground, and one upper floor, providing a shop on the ground and part first floor, along with basement staff and ancillary accommodation. The total area is approximately 240.96 sq m (2,594 sq ft), comprising 100.81 sq m (1,085 sq ft) on the ground floor, 64.24 sq m (691 sq ft) on the part first floor, and 75.91 sq m (817 sq ft) in the basement. The property is currently let to Cancer Research Wales on a full repairing and insuring lease for a term of 10 years starting in April 2024, with a rental value of £20,000 per annum. The location benefits from strong pedestrian flow and proximity to various national and independent retailers, cafés, and leisure amenities, as well as excellent transport links, including direct rail services and local bus routes. The property is situated within a mixed-use area comprising office, retail, and leisure occupiers. The fixed ground rent is £750 per annum.