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College Street, Wrexham Offers in Excess of £165,000

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  • Mixed use investment property within the retail zone of Wrexham town centre
  • Three ground floor retail shops with residential use to the two floors above
  • Residential accommodation is currently given to a registered HMO
  • Current grant assistance available from Wrexham Council

A mixed use investment property within the retail zone of Wrexham town centre and close to St Giles Parish Church. The property comprises three ground floor retail shops with residential use to the two floors above. The residential accommodation is currently given to a registered HMO (house in multiple occupation) however there have been previous plans (see drawings attached) to convert the upper floor into self-contained flats (also see comments overleaf regarding current grant assistance available from Wrexham Council). Great potential.


General Information

As part of Wrexham Council's commitment to bringing empty properties back into use they are currently a implementing a number of financial initiatives, which include assistance to refurbish upper floors of commercial properties to residential. Such schemes include loans of up to £25,000 per unit created - to be occupied by owners or to be rented or sold on the open market. Full information can be obtained by emailing sion.wynne@wrexham.gov.uk A letter of introduction and brief explanation is also available from the Agent's Wrexham Offices.

The Units 2-3 College Street

Currently let to a single occupier at a passing rent of £750 per calendar month. The upper floors - presently comprising a registered HMO (House in Multiple Occupation) is presently vacant. There are plans available (attached) to convert the first floor accommodation into two self-contained apartments.

Shop Unit 1

20' 10'' x 11' 0'' (6.35m x 3.35m)

197 square feet. 18.3 square meters.

Shop Unit 2

19' 4'' x 14' 0'' (5.89m x 4.27m)

270 square feet. 25 square meters.

Shop Unit 3

19' 0'' x 14' 4'' (5.79m x 4.37m)

270 Square feet. 25 square meters. Please note that Shop Units 2 and 3 are currently occupied as one .

On The First Floor

Reception

12' 6'' x 9' 4'' (3.81m x 2.84m)

WC off

2' 8'' x 3' 2'' (0.81m x 0.97m)

Bedroom

21' 6'' x 14' 3'' (6.55m x 4.34m)

Living Room

20' 0'' x 13' 2'' (6.10m x 4.01m)

Kitchen

6' 9'' x 4' 3'' (2.06m x 1.30m)

Second Floor

Room1

21' 8'' x 14' 3'' (6.60m x 4.34m)

Room 2

18' 2'' x 13' 0'' (5.54m x 3.96m)

Room 3

40' 5'' x 14' 4'' (12.33m x 4.36m)

WC

7' 10'' x 4' 7'' (2.39m x 1.40m)


College Street
Wrexham LL13 8LU
County: Wrexham
Sale Type: For Sale
Ref #: WPS 3257

P: 01978 340000

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