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3A Gorsfach 522 sq ft Retail Property Llangennech SA14 8NE £175,000 (£335.25/sq ft)



Executive Summary
This mixed use commerical and residential property is up for sale as an investment opportunity. Both elements are currently tenanted, generating a combined rental income of £1,285 per calendar month / £15,420 per annum. At the asking price of £195,000, this equates to a gross yield of approximately 7.9%, providing an attractive proposition for investors looking for income from both commercial and residential accommodation.
The ground floor provides versatile commercial space currently occupied by an established blinds business, including a reception/customer area, substantial workshop and work areas, ancillary facilities and W.C. Above, the separate residential accommodation comprises a lounge, kitchen, two bedrooms and bathroom.
The ground floor provides versatile commercial space currently occupied by an established blinds business, including a reception/customer area, substantial workshop and work areas, ancillary facilities and W.C. Above, the separate residential accommodation comprises a lounge, kitchen, two bedrooms and bathroom.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
522 sq ft
Costar Property Class
C
Year Built
1960
Price
£175,000
Price per sq ft
£335.25
Tenancy
Single
Number of Floors
1
Plot ratio
0.23
Total Plot Size
0.05 ac
Frontage
75 ft on B4303
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Nearby Major Retailers
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3A Gorsfach
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