29 & 31/33 Mostyn Avenue, Llandudno, Conwy LL30 1YS

A town centre retail investment comprising two adjoining ground floor units, both of which are let producing a total income of approximately £43,000p/a. Co-Op are the anchor tenant occupying approx 247 Sq.M at no. 31-33 with a lease expiring in 2035 whilst an independent Pub Co occupy 29 Mostyn Avenue at £10,000 per annum expiring in August 2028. Note the upper floors are not included in the sale and a new 999 year lease will be granted on completion. The properties front onto Mostyn Avenue on the corner of Queens Road in the retail heart of Llandudno, a popular North Wales tourist town. Neighbouring occupiers include a variety of independent traders, cafe's and restaurants. Accommodation 29 Mostyn Avenue62 Sq.M / 667 Sq.Ft (source EPC)31-33 Mostyn Avenue247 Sq.M / 2,658 Sq.Ft (source EPC) Lease Length 999 years Costs Auction Details The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type. Binding contracts will be exchanged at the point of sale. All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws. Auction Deposit and Fees The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts: • 10% deposit (subject to a minimum…

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