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Ashfield House 2,483 sq ft 100% Let Retail Property Llanymynech SY22 6ER £150,000 (£60.41/sq ft) 7.31% Net Initial Yield

Investment Highlights
- Total Net Internal Floor Area - 2483 sq ft
- Prominent Village position
- Net Initial Yield of 7.31% after normal purchasers costs
Executive Summary
The property comprises of a single storey restaurant with a three-bedroom flat above. The property provides a rental yield of 7.31% after usual allowing for normal purchaser’s costs.
The ground floor restaurant provides a Total Gross Internal Floor Area of approximately 1,286 ft sq (119.5 m sq), with the residential accommodation providing a Total Gross Internal Floor Area of approximately 1,197 ft sq (111.21 m sq)
The ground floor restaurant provides a Total Gross Internal Floor Area of approximately 1,286 ft sq (119.5 m sq), with the residential accommodation providing a Total Gross Internal Floor Area of approximately 1,197 ft sq (111.21 m sq)
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
2,483 sq ft
Costar Property Class
C
Year Built
1970
Price
£150,000
Price per sq ft
£60.41
Yield
7.31%
NOI
£10,965
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Frontage
61 ft on Dolphin Terrace
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Ashfield House
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