High Street

THE OPPORTUNITY AT A GLANCE

• Address: 38-42 High Street, Wrexham, LL13 8HY
• Asking Price: £1,950,000
• Structure: Sale of company (SDLT savings apply)
• Total Annual Income: £183,000
• Gross Yield: 9.4%
• Tenure: Freehold (single title deed)
• Annual Running Costs: £1,200 (BT Wi-Fi)

INCOME BREAKDOWN

Commercial – Ground Floor Public House

• Tenant: Bardonrich Ltd
• Annual Rent: £28,000
• Lease Term: 6 years remaining
• Lease Type: Full repairing lease (landlord has no repair liability)

Residential – 19 Apartments (Floors Above)

• Annual Rental Income: £155,000
• Mix: 16 studios | 1 x one-bedroom | 2 x two-bedroom
• Tenants: Mix of students and young professionals
• Age of Apartments: Circa 2.5 years (recently refurbished to a high standard)
• Utility Bills: Paid directly by tenants

WHY INVEST?

Strong, Diversified Income Stream

With a commercial pub tenancy and 19 residential units, this asset benefits from two distinct and complementary revenue streams, reducing void risk and providing exceptional income stability.

Outstanding Gross Yield of 9.4%

At the asking price of £1,950,000, the property generates £183,000 per annum, a gross yield of 9.4%, significantly above the national average for comparable mixed-use assets.

Near-Zero Landlord Costs

The pub is held on a full repairing lease, placing all maintenance obligations on the tenant. Residential utility bills are tenant-paid, leaving annual landlord costs at just £1,200 for building-wide Wi-Fi, an exceptionally lean cost base.

Recently Modernised Residential Stock

All 19 apartments were newly fitted approximately 2.5 years ago, meaning minimal capital expenditure is anticipated for the foreseeable future. Modern, well-presented units consistently attract and retain quality tenants.

Company Sale – Significant SDLT Saving

The property is held within a single company and will be sold via a share transfer. This structure allows the buyer to potentially avoid Stamp Duty Land Tax, representing a saving of approximately £88,750 at standard SDLT rates, a material financial advantage.

Prime Town Centre Location

Situated on Wrexham High Street, the property benefits from strong footfall, excellent transport links, and proximity to Wrexham University, underpinning consistent demand from the student and young professional rental market.

INVESTMENT SUMMARY

• Asking Price: £1,950,000
• Commercial Income: £28,000 p.a.
• Residential Income: £155,000 p.a.
• Total Gross Income: £183,000 p.a.
• Annual Running Costs: £1,200 p.a.
• Net Income: £181,800 p.a.
• Net Yield: 9.3%
• Gross Yield: 9.4%
• Sale Structure: Company share transfer (SDLT efficient)

This is a truly turnkey investment – fully tenanted, recently modernised, and structured to maximise returns from day one. Opportunities of this scale, quality, and yield are rarely available in the current market.