Pool Street, Caernarfon, Gwynedd, LL55
- PROPERTY TYPE
End of Terrace
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Key Features
- Prominent town centre corner position
- Substantial three-storey building
- Large ground floor retail unit
- Extensive storage accommodation
- Surrounded by national and independent retailers
- Potential for separate rear access from Pool Hill
- Opportunity for mixed-use commercial and residential development
- Potential for flat conversion above the retail premises
- Scope to create additional income streams
Description
For Sale with No Onward Chain
Occupying a prime corner position within the heart of Caernarfon's thriving town centre, this substantial three-storey commercial premises presents an exceptional opportunity for investors, developers and business owners alike. Situated amongst a strong mix of national retailers including Boots, Greggs and Card Factory, the property benefits from excellent footfall, visibility and accessibility.
Currently arranged as a spacious retail unit with extensive ancillary accommodation, the property offers considerable flexibility and significant scope to enhance value through both commercial and residential development.
The generous ground floor retail space enjoys prominent frontage onto Pool Street, providing an ideal setting for a variety of business uses. Beyond the retail area are substantial storage facilities spread across the upper and lower floors, creating opportunities for expansion, reconfiguration or alternative uses.
A particularly attractive feature is the property's development potential. The side entrance located in the alley way between Pool St. and Pool Hill allows the upper floors to be independently accessed from the commercial element below. This opens the possibility of creating a two bedroom residential accommodation above the retail premises, offering purchasers the opportunity to generate additional rental income or create a mixed-use investment, subject to any necessary consents.
We have received correspondence from Gwynedd Planning Service confirming that the provision of a flat above a shop constitutes permitted development. As such, planning permission would only be required for any proposed conversion of the basement level into a studio, which benefits of its own separate entrance on Pool Hill St (currently boarded).
Properties offering this combination of town centre prominence, commercial flexibility and residential development potential are rarely available. Early viewing is highly recommended to fully appreciate the scale of the opportunity on offer.
EPC:
Agent's Notes:
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- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Pool Street, Caernarfon, Gwynedd, LL55
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About Beresford Adams, Caernarfon
29 Bridge Street, Caernarfon, Gwynedd, LL55 1AB
Notes
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Visit our security centre to find out moreDisclaimer - Property reference CAF250339. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Beresford Adams, Caernarfon. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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