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Systems House 6 Millbank Rd 2,020 SF Office Building Rhyl LL18 4NY $296,616 CAD ($146.84 CAD/SF)



Investment Highlights
- Single-storey commercial premises
- Sold with tenants in situ
- Approximately 2,020 sq ft
- Currently let on a full repairing and insuring (FRI) lease
- Potential for two private parking spaces at the front
- Prime position close to town centre
Executive Summary
Office for sale. Offers In Region Of £160,000.
For sale is this detached, single-storey commercial premises in Rhyl, currently arranged as flexible office space. The property is let to a long-standing tenant providing specialist education services and teacher training, with a new five-year full repairing and insuring lease commenced March 2025 and achieving a good gross yield on capital. It offers a suite of classrooms/offices, staff kitchen, large storeroom and male & female toilets. The premises were divided in 2020 into two self-contained units, a change that is easily reversible if required. The property is fully alarmed, network-wired throughout, and well-suited for office, training, or IT-based uses. Recent investment includes over £2,500 in electrical upgrades. There is the potential for two private parking spaces at the front, with a dropped kerb already in place, as well as on-street parking to the rear. Within a five-minute walk from Rhyl's mainline railway station and town centre, the property benefits from convenient transport links. Full business rates relief currently applies, resulting in low ongoing landlord costs.
For sale is this detached, single-storey commercial premises in Rhyl, currently arranged as flexible office space. The property is let to a long-standing tenant providing specialist education services and teacher training, with a new five-year full repairing and insuring lease commenced March 2025 and achieving a good gross yield on capital. It offers a suite of classrooms/offices, staff kitchen, large storeroom and male & female toilets. The premises were divided in 2020 into two self-contained units, a change that is easily reversible if required. The property is fully alarmed, network-wired throughout, and well-suited for office, training, or IT-based uses. Recent investment includes over £2,500 in electrical upgrades. There is the potential for two private parking spaces at the front, with a dropped kerb already in place, as well as on-street parking to the rear. Within a five-minute walk from Rhyl's mainline railway station and town centre, the property benefits from convenient transport links. Full business rates relief currently applies, resulting in low ongoing landlord costs.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
2,020 SF
Building Class
B
Year Built
1980
Price
$296,616 CAD
Price Per SF
$146.84 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,020 SF
Building FAR
0.53
Lot Size
0.09 AC
Amenities
- Kitchen
- Storage Space
- Demised WC facilities
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Systems House | 6 Millbank Rd
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