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20-20A Taff St 2,275 sq ft 100% Let Retail Property Pontypridd CF37 4UA £220,000 (£96.70/sq ft) 9.09% Net Initial Yield
Investment Highlights
- Potential for Redevelopment Opportunity to Upper Floors
Executive Summary
The property is currently let to Bush Healthcare on the basis of a 3 year lease, inside the Landlord and Tenant Act at a rent of £20,000 pax. The tenant is currently holding over. The second floor accommodation is currently vacant and there is a possibility to convert the upper floors to residential accommodation.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
2,275 sq ft
Costar Property Class
C
Year Built
1910
Price
£220,000
Price per sq ft
£96.70
Yield
9.09%
NOI
£20,000
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Frontage
24 ft on Taff Street
Amenities
- Bus Route
- Security System
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Nearby Major Retailers
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20-20A Taff St
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