Commercial property agents Legat Owen are bringing a rare residential development opportunity to market on the seafront promenade at Colwyn Bay.
The property occupies a prime residential position along West Promenade comprising approximately 0.2 hectares (0.5 acres) and is currently used as a boat storage yard.
This is one of the last remaining development opportunities on the promenade at Colwyn Bay.
The once-aging Victorian promenade has been part of a multi-million-pound investment in the town and is now a shared-use promenade for residents and visitors overlooking an extensive beach with golden sand complete with modern artworks. Colwyn Bay town centre lies to the south east and Rhos on Sea lies a short walk along the promenade to the north.
The residential setting with panoramic views across the bay comprises a broadly square parcel of land lying behind a stone wall on the south west side of West Promenade. Vehicular access is from West Promenade.
A planning application has been submitted for the development of a five storey apartment building comprising 18 no. 1, 2 and 3 bedroom units with undercroft and external parking. The planning application is awaiting determination.
The property is offered for sale by private treaty, with written offers invited by 5.00pm on 26 September 2024.
