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HMG Disposes in Llangollen

As part of HMG’s ongoing portfolio strategy of disposing of its non-core assets, a sale has been agreed to dispose of a 3 storey mixed use retail/ residential property in the popular tourist town of Llangollen.

 

The property is prominently located on Castle Street and benefits from a lease of the ground floor retail unit to Ladbrokes Betting and Gaming Limited with 7 years unexpired. The upper floor residential accommodation has recently become vacant and has redevelopment potential

 

RL Frodsham Limited acquired the property for £195,000.

 

Llyr Emanuel of Emanuel Oliver acted for the vendor.

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