Riva is a prominent double-fronted retail premises situated on Barmouth's bustling High Street, enjoying an excellent position with high footfall and strong passing trade.
Currently operating as a well-established ladies' clothing store, which has successfully traded in Barmouth for 45 years, the property is offered with vacant possession. However, there is the option to continue the existing business by separate negotiation, should the buyer wish.
The premises benefit from a generous retail space with two entrance doors and large dual display windows, complemented by a rear shop area. This leads through to a staff kitchen/office and a separate staff toilet.
With versatile potential, the property could suit a range of uses including a clothing boutique, general retail outlet, or office space. Please note that the Lease prohibits any business that is alcohol related.
This is a rare opportunity to acquire a highly visible commercial property in a prime location. Early viewing is strongly advised.
Location Barmouth is a charming seaside town on the west coast of Snowdonia in Gwynedd, North Wales. Famed for its long sandy beaches, Victorian architecture, and stunning mountain backdrop, it's a favourite for both holidaymakers and those seeking a peaceful coastal lifestyle. The town offers a variety of independent shops, cafés, and restaurants, along with easy access to scenic walking and cycling routes, including the beautiful Mawddach Estuary Trail and Snowdonia National Park.
Council Tax Band: N/A Tenure: Leasehold (983 years) Ground Rent: £150 per year Service Charge: £1,550 per year
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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