Land · LL13 7AF
For saleListed 217 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A city centre commercial development site suitable (subject to consent) for a variety of potential end uses.
The site extends to approximately 0.42 acres (1700 square metres) and is located in a highly visible location on the ring road close to the Eagles Meadow shopping centre and a variety of independent and brand name traders including Matalan, Lidl, Halfords, Toolstation, Colour Supplies, Euro Car Parts etc.
General Information A highly prominent potential development site close to Eagles Meadow shopping centre at the corner of Salop Road and Rivulet Road.
The site comprises the former Wrexham Musical Theatre Society building, which has now been demolished.
The site now comprises a level and walled portion given to hard standing with a gated vehicular access off Rivulet Road.
Services All mains services are believed to be available for connection subject to statutory regulations.
Site Area The site is roughly square in shape and extends to approximately 1700 square metres - approximately 0.42 acres.
Planning There is believed to be considerable potential for the development of the site for a commercial development scheme.
It is believed that the site is not suitable for a residential development scheme due to the proximity of the property to the River Gwenfro.
A recent scheme had been approved for the property as a car wash and tyre fitting unit. The permission was granted on the 12.12.2024 under Code Number P/2024/1020.
It is envisaged that if required a prospective purchaser would enter into conditional agreement to purchase subject to obtaining necessary consent.
Directions From the Agent's Wrexham Offices proceed down Regent Street through the city centre (past McDonalds) and descend Hill Street to the junction with Brook Street.
Turn left and at the traffic lights continue ahead onto St. Giles Link Road.
At the traffic lights turn left onto Salop Road when the property will be observed on the right-hand side on the corner of Rivulet Road. The site access is off Rivulet Road.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Salop Road, Wrexham
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