For Sale - Spar Convenience Store Anchored Retail Parade With Residential Uppers
Located within a residential town of Benllech, the Number 1 Trending UK Tourist Destination on Airbnb.
Local shopping parade providing primary convenience offering for the town and surrounding areas.
Ground floor retail anchored by a Spar convenience store (AF Blakemore & Sons Limited), and upper residential apartments let on AST's
Large site of 0.826 acres with low site coverage of just 21%
Total gross internal area of 7,722 sq ft
AWULT on commercial income of 4.46 years to expiry and 2.77 years to breaks
Commercial rental income of £66,500 per annum
Residential rental income of £14,820 per annum
Total Rental Income of £82,195 per annum (includes further income from garages to the rear).
Freehold
Offers in excess of £925,000 (STC)
Representing a Net Initial Yield of 8.41%
Listed Features
- Convenience Store
- General Retail
- Storage
