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69 Chemical Rd 1,214 sq ft Retail Property Swansea SA6 6JE £149,000 (£122.73/sq ft) 10.75% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Private parking for 2 cars
  • Neighbouring occupiers include various local and national covenants
  • The property is close to public transport

EXECUTIVE SUMMARY

Briefly comprising a ground floor A1 premises with a residential flat on the first floor.
The premises benefits from a spacious open showroom retail area with kitchen and WC facilities. The ground floor shop is rented at £650 pcm.
The first floor contains a 1-bedroom flat with a hall, bathroom and staircase on the ground floor. The first floor contains an L-shaped kitchen with all necessary appliances, a living room and a bedroom.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,214 sq ft
Costar Property Class
C
Year Built
1900
Price
£149,000
Price per sq ft
£122.73
Yield
10.75%
NOI
£16,020
Tenancy
Single
Number of Floors
2
Plot ratio
0.93
Total Plot Size
0.03 ac

AMENITIES

  • Bus Route
  • Commuter Rail
  • Security System

NEARBY MAJOR RETAILERS

Lidl
Barclays
Heron Foods
Starbucks
ASDA
Costa Coffee
Bestway Cash & Carry
Co-op
Hungry Horse
Farmfoods
  • Listing ID: 33458772

  • Date on Market: 09/10/2024

  • Last Updated:

  • Address: 69 Chemical Rd, Swansea SA6 6JE

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