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Chemical Road, Morriston 63 Chemical Rd 281 sq ft Retail Property Swansea SA6 6JE £375,000 (£1,334.52/sq ft) 11.20% Net Initial Yield
Investment Highlights
- 2 x A1 commercial units
- Convenient for M4 & hospital
- Projected income circa £42,000 pa
Executive Summary
Mixed use investment opportunity comprising two A1 commercial units (hair salon and retail shop), one ground floor studio apartment and two first floor two-bedroom apartments. Projected income in the region of £42,000 per annum when fully let. The property benefits from an L2 fire alarm system and is situated in a central and convenient location close to Morriston centre, the M4 and local hospital. Available with no onward chain.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
281 sq ft
Costar Property Class
A
Year Built
1990
Price
£375,000
Price per sq ft
£1,334.52
Yield
11.20%
NOI
£42,000
Tenancy
Single
Number of Floors
1
Plot ratio
0.13
Total Plot Size
0.05 ac
Amenities
- 24 Hour Access
- Security System
- EPC - C
- Smoke Detector
1 1
Nearby Major Retailers
1 of 13
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Chemical Road, Morriston | 63 Chemical Rd
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