Description

FREEHOLD INVESTMENT PROPERTY – A well maintained property on one of the main arterial roads into the city centre currently subject to three tenancies, being a ground floor fitness studio, ground and first floor offices and a first floor two bedroom flat currently producing 22,020 GBP per annum. EPCs: No. 37 – 70|C. No. 39 – 78|C. No. 41 – Pending.

This substantial well maintained property is currently fully let and producing a total of £22,020 per annum. No. 37 comprises a high specification suite of three offices extending in total to approximately 775 square feet (72 square metres) currently let as a fitness studio; No. 39 a self-contained two bedroom flat let on an occupational contract extending to approximately 742 square feet (69 square metres) and No. 41 being a suite of ground and first floor offices extending to approximately 900 square feet (83 square metres).

Location

The property occupies a prominent corner location on the B5425 Rhosddu/Llay Road at its junction with Vernon Street. It is situated only a few hundred yards from the city centre. Local amenities include a Launderette and a 24 hour SPAR with Post Office.

Constructed

of brick beneath a re-slated roof.

NO. 37 RHOSDDU ROAD

Comprising a high-specification suite of Three Offices extending to approximately 670 square feet (62 square metres).

Corner Room

22′ 6” x 15′ 1” (6.85m x 4.59m)With security door and window shutters.

Inner Office 2

17′ 9” x 10′ 10” (5.41m x 3.30m)

WC

Office 3

13′ 10” x 11′ 3” (4.21m x 3.43m)

Services

All mains services are connected subject to statutory regulations. The central heating is a conventional radiator system effected by a wall mounted condensing combination gas-fired boiler situated in Office 3.

Outgoings

Former Rateable Value £4,500.

EPC

EPC Rating – 70|C.

Tenancy

Currently let on an original three year lease from the 11th September 2020 at a current passing rental of £7,200 pa exclusive.

NO. 39 RHOSDDU ROAD

Comprising a Self-Contained First Floor Two Bedroom Apartment. The accommodation being:

Self-Contained Ground Floor Entrance

Lounge

14′ 9” x 13′ 1” (4.5m x 4.0m)

Dining Area

11′ 10” x 7′ 7” (3.6m x 2.3m)

Kitchen

9′ 6” x 7′ 7” (2.9m x 2.3m)

Bedroom 1

14′ 1” x 11′ 2” (4.3m x 3.4m)

Bedroom 2

14′ 9” x 9′ 2” (4.5m x 2.8m)

Bathroom

9′ 6” x 4′ 7” (2.9m x 1.4m)

Services

The Flat has a conventional central heating system effected by a condensing combination gas-fired boiler to radiators.

Tenancy

Currently let on an NRLA Occupational Contract commencing 24th May 2023 at a current passing rental of £585 pcm exclusive.

EPC

EPC Rating – 78|C.

NO. 41 RHOSDDU ROAD

A Self-Contained Suite of Offices comprising:

Ground Floor Front Reception

11′ 6” x 5′ 11” (3.5m x 1.8m)

Office 1

15′ 5” x 14′ 9” (4.7m x 4.5m)

Office 2

13′ 1” x 9′ 6” (4.0m x 2.9m)

Rear Office

13′ 5” x 11′ 2” (4.1m x 3.4m)

Kitchen

7′ 10” x 4′ 11” (2.4m x 1.5m)

WC

5′ 3” x 4′ 7” (1.6m x 1.4m)

First Floor Open Plan Office

23′ 7” x 13′ 9” (7.2m x 4.2m)

Services

The accommodation has a conventional central heating system effected by a combination gas-fired boiler to radiators.

Tenancy

Currently let on an original lease dating from the 1st August 2017 at a current passing rental of £7,800 pa exclusive.

EPC

EPC Rating – Awaited.

Outside

Secure rear yard with pedestrian access. One Car Parking Space to the side of No. 41.

Tenure

Freehold, subject to Tenancies.

Viewing

By arrangement with the Agents.

Directions

For satellite navigation use the post code LL11 2NS. From the roundabout on the inner ring road at the Junction of Grosvenor Road and Rhosddu Road take the B5425 Llay Road and the property will be seen after approximately 100 yards on the left at the first left-hand turning.