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See how verdicts workProperty · LL53 7HP
For saleListed 575 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Now with vacant possession | lwh is instructed to market Glandulyn Store for sale by Informal Tender due to retirement sale following many successful years trading as Abersoch Surf Shop.
Glandulyn is situated in a prime retail position overlooking Abersoch Harbour.
Abersoch is a renowned coastal resort with excellent amenities including many beaches, golf club, yacht club, harbour and numerous shops, restaurants and bars.
The premises is designated for A1 commercial use and the building has been used in the water-sports and leisure sector since 1995.
The space extends to 56m2 including a 7.5m frontage with a large bi-fold door opening.
The property has 2 parking spaces opposite which is presently used as further trading area for outdoor equipment and hire. Vacant Possession now Available.
Method of Sale Private Treaty Tenure We are advised that the property is Leasehold. The original leasehold was granted in 2000 with 973 years remaining.
Prospective buyers should obtain their own independent legal advice relating to the leasehold.
Services Mains Water Present but Disconnected by current Occupier Mains Drainage Not Connected Grey Waste Present, untested Covenants The leasehold includes a restrictive covenant prohibiting the serving or sale of food or alcohol from the premises.
Please refer to the leasehold for further details. Planning The property is sold subject to any existing or other statutory notice or which may come into force in the future.
Purchasers should make their own enquiries into any designations.
Easements, Wayleaves and Rights of Way The land is sold subject to all the benefits of all wayleaves, easements, right of way and third party rights, whether mentioned in the particulars or not.
Viewing By appointment only. Lloyd Williams & Hughes and their clients give notice that:- They do not have authority to make or give any representations or warranties in relation to the property.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. Any areas, measurements or distances are approximate.
The text and plans are for guidance only and are not necessarily comprehensive.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
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.
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About Siop Glandulyn Store (Building), Pwllheli
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