£150,000

Added on 31/08/2026
DESCRIPTION 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.
£70 per sq ft — below almost all recent sales in LL18 (£138–£282, 10th–90th percentile, 1,032 sales over 24 months).
Lowest and highest are the 10th and 90th percentiles of 1,032 homes sold in LL18 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in LL18 →
Millbank Road, Rhyl, Denbighshire, LL18 4NY
HM Land Registry sales in LL18 4NY. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 12, Millbank Road Terraced | Terraced | Feb 2020 | 840 sq ft £110/sq ft | 840 sq ft | £110 | £92,000 |
| 8, Millbank Road Terraced | Terraced | May 2018 | 893 sq ft £67/sq ft | 893 sq ft | £67 | £60,000 |
| 12, Millbank Road Terraced | Terraced | Apr 2004 | 840 sq ft £77/sq ft | 840 sq ft | £77 | £65,000 |
| 14, Millbank Road Terraced | Terraced | Aug 2002 | 990 sq ft | 990 sq ft | — | £23,000 |
| 12, Millbank Road Terraced | Terraced | Mar 2002 | 840 sq ft | 840 sq ft | — | £26,350 |
The neighbourhood around this property.
