Restaurant for Sale

Augusta Street, Llandudno, Conwy, LL30

£325,000

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Key Features

Substantial 4-storey investment property
2 studio apartments to second floor
Mid terrace period property in a popular resort town

Ground & first floor restaurant (currently trading)
2-bedroom self-contained apartment to 3rd floor
Close to the town centre, railway station and seafront

Full Description

A substantial mixed use 4 storey Victorian Mid Terrace Period Property

Llandudno is a renowned Victorian coastal resort enjoying a wealth of shops and amenities, including a pier, theatre and music/arts venue, artificial ski slope and numerous other attractions and leisure facilities. The main sweeping bay is always buzzing with activity with many events taking place during the summer months. Llandudno has access to mainline railway services as well as the A55 expressway which connects all the major towns and attractions located along North Wales' coastline, including the magnificent Snowdonia National Park. The Great Orme headland at the far side of the bay offers a superb vantage point for uninterrupted views in all directions and offers a unique slice of history too. There's even a cable car ride or tram to take you right to the summit. The town offers an excellent out-of-town retail park, numerous schools, dental surgeries, and hospital.

21 August Street is a 4-storey Victoria Era property located amongst similar properties housing local businesses, on the periphery of the town centre and close to the main trading locations of Mostyn & Madoc Street. The building is held on a 125 year lease (dated 2011) from the Mostyn Estate. The property offers excellent income potential from the residential units to the second & third floor, and there is also the opportunity to purchase the restaurant business which occupies the ground & first floor.

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