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1 & 2 Victoria Bridge 1,470 sq ft 100% Let Retail Property Penarth CF64 2AN £385,000 (£261.90/sq ft) 6.96% Net Initial Yield

Investment Highlights
- Freehold mixed-use investment opportunity
- rominent position near Windsor Road retail area and Dingle Road Station
- Located in sought-after Penarth, close to Cardiff City Centre
Executive Summary
This freehold mixed-use investment opportunity is prominently positioned on Victoria Bridge in the affluent seaside town of Penarth, just west of Cardiff City Centre. The property comprises two vacant ground-floor retail units, each with a market rent of approximately £6,200 per annum, alongside a large, well-specified two-bedroom flat with its own separate access and private rear courtyard, generating an estimated £14,400 per annum. With a total potential income of £26,800 per annum and strong local demand driven by proximity to Windsor Road’s retail core and Dingle Road train station, this property offers an attractive and versatile investment in a high-value residential and commercial location.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,470 sq ft
Costar Property Class
B
Year Built
1900
Price
£385,000
Price per sq ft
£261.90
Yield
6.96%
NOI
£26,800
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
1.09
Total Plot Size
0.03 ac
1 1
Nearby Major Retailers
1 of 2
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1 & 2 Victoria Bridge
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