Pool Street, Caernarfon, Gwynedd LL55

This mixed-use townhouse located on the bustling Pool Street in Caernarfon represents a compelling investment opportunity, combining both retail and residential elements. The ground floor features a spacious retail unit with prominent street frontage, currently leased to reliable tenants, providing secure commercial rental income for the next two and a half years. The upper level is home to a self-contained apartment that has been successfully operated as a holiday let, showcasing its potential as an income-generating asset. There is considerable scope for renovation, particularly in enhancing the residential space. Current configurations allow for about two bedrooms, but with appropriate planning permissions, you could convert it into a four-bedroom layout and utilize the additional loft area for further development or storage. The rear outdoor space also holds promise for building or expansion, subject to necessary approvals. Overall, this property not only provides immediate income through its commercial lease but also offers excellent long-term development potential in a prime location within Caernarfon.