Barnett Ross Auctioneers and Chartered Surveyors in London

Click above image to see all images.
Total Images: 2

• Full Details
• Location plan
• Contact us

There is an addendum on this lot - please contact
the Auctioneers on 020 8492 9449 for details

Request Legal Pack

Occupying a prominent position just yards from the Pier and Beach close to the junction with Mostyn Street and near to the mutiples and established traders of the town centre.
Llandudno is the principal commercial centre of North Wales and a major tourist attraction for holidaymakers, situated close to the A55 Expressway, 48 miles west of Chester and 23 miles east of Bangor.

An end of terrace property arranged as a Ground and Lower Ground Floor Café / Tea-Room with separate front access to 7 Self Contained Flats above.

VAT is payable in respect to this lot

Leasehold for a term of 2000 years from 1919 at a ground rent of £13 pa.

Ground Floor Shop Café/ Tea Room (49 Covers)
Gross Frontage 23' 6"
Net Frontage 16' 10"
Shop Depth 45' 6"
Built Depth 50' 2"
Café Area Approx 660 sq ft
Kitchen Area Approx 150 sq ft
Lower Ground Floor
Seating Area/Store/Kitchen Area Approx 955 sq ft
Ladies/Gents WC's
First to Third Floors
7 Flats (Not inspected)

The entire property is let on a full repairing and insuring lease to J A Holmes and G E Holmes as a cafe for a term of 10 years from 1st January 2007 at a current rent of £43,000 per annum exclusive.

Rent Review January 2012

Note: The flats are all sub-let on AST's. It is believed the rents received total circa £25,000 per annum.