This mixed-use townhouse located on Pool Street in the centre of Caernarfon offers an intriguing investment proposition with established income streams from both retail and residential units. The ground floor features a spacious retail area with excellent visibility, complemented by a kitchen and bathroom facilities, making it well-suited for commercial activities. Currently leased to reliable tenants for the next two and a half years, this unit guarantees immediate rental income.
Accessed via a separate entrance, the upper floors house a self-contained apartment currently set up as a successful two-bedroom holiday let. While well-maintained, there exists considerable potential for enhancing this living space—subject to planning permissions—transforming it into a four-bedroom residence by reconfiguring the layout. Additionally, the loft area presents further opportunities for development.
The property includes rear outdoor space that holds promise for future construction or expansion possibilities, pending necessary approvals. Overall, this townhouse not only provides steady income from its current tenants but also boasts significant potential for renovation and expansion in a vibrant location.