High Street, Criccieth From £180,000

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  • 37 New Luxury Retirement Apartments
  • Within Walking Distance Of Local Amenities
  • Coast & Countryside In All Directions
  • Allocated Parking
  • Excellent investment opportunity with high rental yields
  • Excellent Road & Rail Links

The King George IV complex is a development of 37 apartments comprising one and two bedroom apartments which includes 4 penthouse suites with commanding stunning views over the ocean. The apartments cater for the over 55’s, offering a 24 hour concierge service amongst many other great features. This is luxury living at its finest. Criccieth is a beautiful seaside resort. Investment in the resort most recently has created a buzz and consequently new restaurants and cafe bars have been launched. Based in the town centre, the apartments allow ease of access to these amenities, with the Bowling Green, bus stop and train station all within easy reach too. Criccieth is truly breath taking and the ideal place for a holiday home or a fulfilled retirement. The development is anticipated to be a welcome addition to the Criccieth community.


Accommodation

Leasehold over 125 years from 2020 Service charge is £33.30 per week Ground rent £250 per annum for 1 bedroom apartments - Ground rent £350 per annum for 2 bedroom apartments

History

George IV (George Augustus Frederick; 12 August 1762 - 26 June 1830) being the eldest son of George 111, was the first heir born to a reigning monarch for three quarters of a century. Five days following his birth he was created Prince of Wales by his delighted father. For the last 10 years of his father’s reign, due to the deterioration in his father’s health, George was appointed Prince Regent which led to him becoming a patron of the arts. George IV led an extravagant, lavish lifestyle which contributed to the fashions of the Regency era. His appointment as patron led the way for his passion for reading great novels establishing an enviable collection of paintings. He was also fortunate enough to commission both John Nash to build the Royal Pavilion in Brighton and remodel Buckingham Palace, and Sir Jeffry Wyattville to rebuild Windsor Castle. King George IV, being renowned for his extravagant love of the arts, together with his keen eye for iconic building projects, is something that can quite comfortably be linked into the development of the apartments.

Location

Criccieth (Welsh: Cricieth) is a town and community on the Llyn Peninsula in the Eifionydd area of Gwynedd in Wales. The town lies 5 miles (8 km) west of Porthmadog, 9 miles (14 km) east of Pwllheli and 17 miles (27 km) south of Caernafon. The 2011 census showed a population of just 1753. The town is a seaside resort, popular with families. Attractions include the ruins of Criccieth Castle, which has extensive views over the town and surrounding countryside. Nearby on Ffordd Castell (Castle Way) is Cadwalader’s Ice Cream Parlour, opened in 1927, whilst Stryd Fawr (High Street) has several bistro style restaurants, traditional welsh tearooms and cafes and independent boutique style shops. Y Maes (The Field, or town square) lies at the heart of the town and is part of the original medieval town common. The annual fairs, held on 23 May and 29 June, attract large numbers of visitors to the fairground and market which extend from the town square through many of the towns streets.


Name Location Type Distance

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High Street
Criccieth LL52 0BS
County: Gwynedd
Sale Type: For Sale
Ref #: RP2154
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