140 Clifton St 536 sq ft Retail Property Cardiff CF24 1LY £325,000 (£606.34/sq ft) 9% Net Initial Yield

A mixed-use freehold investment with national franchise & HMO. This fully let property consists of an A3 licensed ground floor commercial unit, leased out to a national franchise on an FRI twenty year lease. The rear & first floor comprise a separate Four Bedroom HMO with private access. 9%+ Return.
For sale at £325,000.
A central Cardiff mixed-use freehold investment sold as a going concern. This fully let property consists of an A3 licensed ground floor commercial unit, leased out to a national franchise on a fully repairing and insuring twenty year lease. The rear and first floor of this building contains a fully compliant four bedroom HMO.
The first floor maisonette is one of the few Clifton Street properties to benefit from private rear access via Gold Street, eliminating the need for space consuming entrance hallways/staircases. The property consists, in brief, of an entrance hallway, a well presented ground floor kitchen open to communal lounge, a ground floor shower room and four first floor bedrooms. One of the bedrooms benefits from an ensuite shower and W/C.
Prior to marketing the maisonette has been fitted with fire boarding throughout and benefits from a LD2 standard hardwired fire alarm system, interlinked between fire escape hallways, kitchen and bedrooms. FD30 fire doors are fitted throughout. The front and middle facing bedrooms further benefit from tilt and turn fire escape windows.
This property is currently managed by David's Homes and we are happy to advise on maximising this property's further potential with interested parties. Property management incentives are available for those that it may be of interest.