Property for sale in Newboro Terrace Conwy LL32

Sale Price: £250,000

Llanrwst Road Conwy, LL32 8RH

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Street Address

Llanrwst Road Conwy, LL32 8RH

Property description

It is extremely rare for such a development opportunity to arise in this historic castle town, and with magnificent views over the World Heritage Site of Conwy Castle, the site has obvious commercial potential. The site is available as a freehold purchase or the present owner would consider developing the site for a long term leaseholder if preferred.Being situated literally within a stone's throw of the castle walls this prime site offers tremendous scope to exploit the position adjoining one of the main public car parks in the area, which is popular with tourists, day visitors, and locals alike. Not only do major attractions such as the annual Conwy Food Festival, Conwy Castle activities and the waterfront and harbour bring in many visitors, but the town is a popular destination for locals and the nearby caravan parks and golf courses. The site could be purchased on a freehold basis allowing the developer to complete a bespoke unit for which planning consent has been granted to erect a restaurant with seating capacity estimated to be up to 220 diners, together with an associated shop and on-site parking. The present owner has also indicated he would consider developing the site himself to provide a 15 year lease with 3 yearly rent reviews, to an appropriate end user if preferred.With such a prominent location being rarely available it is anticipated that demand could be received from both local and national users and the scarcity of sites for this type of use in this location is so rare that this provides an opportunity not to be missed.The approved planning of the unit is of a contemporary design which has received support from CADW taking into account the sensitive nature of the location, and provides 2 storey accommodation with a large amount of glass frontage together with an external roof garden and seating area with views to the castle over the river.

Property Features :

  • Extremely Rare Commercial Development Opportunity
  • Outstanding Views To The Historic Medieval Castle
  • Planning Consent Granted November 2014
  • Consent For 700 square meter Restaurant & Shop
  • 2 Storey Restaurant Capable of Seating Approximately 220 Diners
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