House · LL26 0AL
Sold STCListed 351 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE – LONG ESTABLISHED CRAFT BUSINESS & DETACHED CHAPEL PREMISES Pageant Woodcrafts, Scotland Street, Llanrwst, Conwy Valley An exciting opportunity to acquire a well-established and successful traditional craft business, together with freehold detached former chapel premises located in a convenient central position within the historic market town of Llanrwst.
Pageant Woodcrafts is a longstanding and respected local enterprise specialising in the design and supply of handcrafted Welsh love spoons.
The sale includes the profitable business as a going concern, along with substantial premises offering scope for expansion, diversification, or potential redevelopment (subject to consents).
The property includes a fenced and enclosed grassed area to the rear, providing valuable outdoor space in this central location.
Brief Overview - Extending over three floors and provides extensive workshop areas to the ground and lower ground levels, along with office and storage space on the upper floor.
The building also benefits from ancillary spaces including a WC and store.
The premises offer generous square footage, making it well suited for a range of alternative commercial or creative uses, or conversion (subject to planning).
The Accommodation Affords: - Ground Floor - Workshop: - 9.64m x 6.12m (31'7" x 20'0" ) - Basement Room: - 9.68 x 5.67m (31'9" x 18'7" ) - Access to W.C and wash basin.
First Floor - Storage And Office: - 9.68m x 5.67m (31'9" x 18'7" ) - Outside: - Small rear grassed enclosure. Services: - Mains water, electricty and drainage.
Viewing Llanrwst - Strictly by appointment through the agents Iwan M Williams, 5 Denbigh Street, Llanrwst, tel , email Rateable Value: - Current rateable value - £3,400 Proof Of Funds - In order to comply with anti-money laundering regulations, Iwan M Williams Estate Agents require all buyers to provide us with proof of identity and proof of current residential address.
The following documents must be presented in all cases: IDENTITY DOCUMENTS: a photographic ID, such as current passport or UK driving licence.
EVIDENCE OF ADDRESS: a bank, building society statement, utility bill, credit card bill or any other form of ID, issued within the previous three months, providing evidence of residency as the correspondence address.
Directions: - Proceed from our office up Denbigh Street to the crossroads.
Turn left towards Regents Park and first left into Scotland Street, Capel Coach is located down at far end on right hand side.
Situated in the heart of the picturesque Conwy Valley, Llanrwst is a thriving traditional market town with a strong community, excellent transport links, and a rich cultural heritage – a wonderful base for both lifestyle and business.
Value & comps
No previous sales on record.
Returns
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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.
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