3 High Street, Wrexham
Quick Overview
- For sale a large freehold retail/commercial property extending in total to 2,481 sq ft (230.5 sq m).
- Large ground floor sales areas with substantial shop frontage.
- First, second and third floor levels offering development/alternative use potential.
- Located in the centre of Wrexham.
Location
The premises are situated in the heart of Wrexham which is the main commercial centre of North Wales with a population of over 135, 100 (2021 census). The subject property is located on High Street in the heart of the town centre close to its junction with Hope Street, Town Hill and Church Street. High Street is home to retailers such as Chevron Clothing, Ladbrokes and The Wynnstay Arms Hotel.
Description
3 High Street is a substantial mid-terraced property arranged over ground and three upper floors. The ground floor represents a large shop unit with generous sales area and a large glazed shop frontage. The first, second and third floors provide further and extensive accommodation which would suite a variety of different types of commercial uses and potential conversion to residential use subject to the necessary consents being obtained.
Accommodation
The property has been measured on a Net Internal Area basis in accordance with the RICS Code of Measuring Practice 6th Edition May 2015 and extends in total to:
Ground Floor: 853 sq ft (79.2 sq m)
First Floor: 429 sq ft (39.9 sq m)
Second Floor: 663 sq ft (61.6 sq m)
Third Floor: 536 sq ft (49.8 sq m)
Total: 2,481 sq ft (230.50 sq m)
Price
£230,000
Tenure
We are advised the property is held freehold.
VAT
We are advised that VAT is not payable on the sale of the property.
Business Rates
The Valuation Office Agency Website (www.gov.uk/correct-your-business-rates) has a current Rateable Value assessment of £14,250 for the ground and first floors of 3 High Street creating an estimated rates payable of £7,624 per annum however, please contact the Business Rates Department directly for confirmation.
Legal Costs
Each party is to be responsible for their own legal costs incurred in the transaction.
Energy Performance
The property has an Energy Performance Asset Rating of C72. A full copy of the Energy Performance Certificate is available to download above.
Further Information / Viewings
Please contact Jonty Goodchild of Bolton Birch:
Tel: 01244 311681
Email: jonty@boltonbirch.com