An excellent opportunity to acquire a prominent freehold retail investment situated within the popular town of Caernarfon, one of North Wales’s most popular and historic retail destinations.

The property comprises approximately 4,950 sq ft of ground floor retail accommodation, complemented by additional basement retail space and upper floor accommodation, providing a substantial and versatile commercial asset. It also benefits from rear access and a loading bay.

The property is let on a 10 year Fully Repairing and Insuring (FRI) lease from December 2025 to an expanding retailer, trading in a sector well positioned to benefit from current consumer trends.

Caernarfon is a busy market town, a major tourist center, the county town for Gwynedd and a major local commercial and administrative center. Pool Street is a busy prime trading location on the town’s pedestrianised main shopping thoroughfare. Caernarfon is well placed for the many coastal and rural attractions to found in this part of North Wales. The town is renowned for its majestic 13th century castle and being located on the banks of the Menai Strait, offers facilities for fishing and sailing enthusiasts. The A55 expressway lies some 8 miles distant, allowing rapid westbound commuting through Anglesey or eastbound towards Chester and the motorway network.

Accommodation
The premises provide the following approximate dimensions:

Basement
410 m2 / 4,412 ft2

Ground Floor
443 m2 / 4,771 ft2

First Floor
113 m2 / 1,213 ft2

Tenure
Freehold.

Agent’s Note 1
We have been advised by the seller that the rateable value has been contested. A transition of relief was applied previously.

Agent’s Note 2
Please note that the dimensions have been provided by the seller.

RATES
We understand from our enquiries of the VOA website that the premises are assessed for Rates as follows:-

Current Rateable Value of £53,000 - APPEAL BEING MADE.

Dafydd Hardy gives no warranty that the values supplied or the sums of money expressed as being payable are accurate and the assignee should make their own enquires with the Local Rating Authority to confirm the figures quoted are correct.

LEGAL COSTS
Each party will be responsible for their own legal costs incurred in this transaction.

VAT
Prices, outgoings and rentals are exclusive of, but may be liable to, VAT.

MONEY LAUNDERING REGULATIONS
We are obliged to verify the identity of any proposed purchasers/tenants once a sale/let has been agreed and prior to instructing solicitors. This is to help combat fraud and money laundering. This is a legal requirement.

Disclaimer
Dafydd Hardy Estate Agents Limited for themselves and for the vendor of this property whose agents they are give notice that: (1) These particulars do not constitute any part of an offer or a contract. (2) All statements contained in these particulars are made without responsibility on the part of Dafydd Hardy Estate Agents Limited. (3) None of the statements contained in these particulars are to be relied upon as a statement or representation of fact. (4) Any intending purchaser must satisfy himself/herself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. (5) The vendor does not make or give and neither do Dafydd Hardy Estate Agents Limited nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to this property. (6) Where every attempt has been made to ensure the accuracy of the floorplan contained here, measurements of doors, windows, rooms and any other items are approximate and no responsibility is taken for any error, omission, or mis-statement. This plan is for illustrative purposes only and should be used as such by any prospective purchaser. The services, systems and appliances shown have not been tested and no guarantee as to their operability or efficiency can be given. Floorplans made with Metropix ©2007.