Well Street, Ruthin
£255,000

*** Commercial Opportunity ***
This attractive two-storey property forms part of a charming mews development, located in the centre of Ruthin. The site includes a generous rear parking area and a separate building which previously held planning consent for conversion into two residential flats—offering potential for further development (subject to reinstating consent).
The main building features prominent retail frontage onto Well Street, providing convenient pedestrian access to three established tenancies arranged across six individual units. Rear access is available from Record Street, leading directly to the extensive parking facilities.
The property currently generates a total rental income of approximately £24,000 per annum, presenting an appealing investment opportunity with potential for growth. Viewing highly recommended.
EPC Rating - C60, Council Tax Band - TBC, Tenure - Freehold

Unit 1 (29 sqm - 312 sq ft (95'1" sqm - 1023'7" sq ft))
Good sized room to the front elevation, with three timer windows providing a light and airy room, a large display window to the side of the unit providing great display potential. Currently a retail shop which is well established specialising in carpets and flooring. Castle Mews Carpets have been long standing tenants providing a secure income.

Unit 2 & 3 (46.82 sq m 504 sq ft (153'7" sq m 1653'6" sq ft))
Again another good sized room, with three timber framed windows to the front elevation in unit 2 and large display window to the side of the unit having excellent display potential as you walk through the entrance hall. Currently a retail shop part of Castle Mews Carpets.

Units 4 & 5 (86.62 sq m 900 sq ft (284'2" sq m 2952'9" sq ft))
A good sized retail space currently a retail shop catering for mother of the bride outfits, hats and accessories, dress agency and venue dressing. They are long standing tenants in prime location with a great footfall, three timber frame windows to the side elevation providing a light room in unit 4, in unit 5 two timber frame windows to the side elevation and one to to rear elevation, a large display window to the front of the unit.

Shared Kitchen Area (6.84 sq m 74 sq ft (22'5" sq m 242'9" sq ft))
Shared kitchen area with W.C for shared use of tenants.

Unit 9 (33.18 sq m. 357 sq ft (108'10" sq m. 1171'3" sq ft)
Large unit space located at the back on the property with two timber framed windows.

First Floor (Restaurant) (188.17 sq m. 2025 sq ft (617'4" sq m. 6643'8" sq f)
This established Chinese restaurant enjoys a prominent position overlooking Well Street in the centre of Ruthin, offering an excellent opportunity for continued use as a hospitality venue. The property features a spacious dining area accommodating approximately 50 covers. At the front of the restaurant is a dedicated bar area, ideal for both reception and drink service. To the rear, a large commercial kitchen is equipped to support high-volume food preparation and benefits from direct access to a detached outbuilding, providing additional storage space. Inside, there is a separate storage room located off the kitchen, perfect for dry goods or equipment. Customer WC facilities are also provided, conveniently located for ease of access from the main dining space.

Outbuilding
To the rear of the property, accessed via a private car park, stands a substantial double-fronted building offering excellent development potential. The building previously benefited from planning permission for conversion into two self-contained flats, making it an ideal opportunity for investors or developers. Alternatively, the space lends itself well to conversion into a single residential dwelling, subject to the necessary consents. With its generous footprint and independent access, the building presents a versatile addition to the overall property, suitable for residential use or other potential purposes.

Car Park
A unique opportunity to acquire a private car park in the centre of Ruthin, offering valuable off-street parking in a highly sought-after location. Accessed directly from Record Street, the car park provides a rare asset for commercial or residential use, with potential to accommodate multiple vehicles. This secure and conveniently located space enhances the overall appeal and functionality of the property, particularly in a town centre where parking is at a premium.

RENTAL NOTES
Units 1,2 &3 - Current £545.00 pcm - £6540 per annum to February 2027 - New 3 year lease signed February 2024, Flooring Company Long Standing Tenant

Top Floor and Ancillary Accommodation Current Rent £1100.00 pcm - £13200 per annum - Signed to February 2028 - 7 year lease signed in February 2021. Long Standing Chinese Restaurant/Takeaway

Units 4 & 5 - Current £350 pcm - £4,200 per annum - 2 year lease signed 2025 - Clothing Retailer

Directions
From our Ruthin office head down Well street for 50 yards and property is located on your right.