Property Listing Details

Property details

Description

Overview The Hanover Portfolio comprises 3 multi let office buildings in North Wales. Carlton House, 68 Conway Road, Colwyn Bay, Conwy LL29 7LD Somerset House, 30 Wynnstay Road, Colwyn Bay, Conwy, LL29 8NB Hanover House, The Roe, St. Asaph, Denbighshire, LL17 0LT Each property has on site parking, 24/7 access, shared kitchens and meeting rooms (Excluding Carlton House) and are conveniently located with easy access to the local town centre. Total rental income of c £100,000 pa The company that owns the premises, Hanover Business Centres Limited is offered for sale. The company has no further assets nor liabilities. Company number 02302007. Purchase price of £925,000 reflecting Overall rate of £86.14 psf NIY 10.38% on passing rent Reversionary yield of 10.9% when fully let Features 3 multi let office buildings in North Wales Accumulated size of over 10,738 sq ft Approximately £106,500 per annum when fully let Each property has on site parking 24/7 access Shared kitchens Conveniently located with easy access to the local town centre

The Agent

Price history

29-Mar-2025 £925,000 First listed

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