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Crown Para 2,475 sq ft 70% Let Retail Property Llanelli SA15 3PW £475,000 (£191.92/sq ft) 9.07% Net Initial Yield
Executive Summary
Investment Summary
•Prominent Convenience Retail Investment
•Low Sustainable Rents
•Majority Leased to Strong National Occupiers - Dominos, Subway & Instavolt
•Freehold, Town Centre Location
Offers are sought in excess of £475,000 providing an attractive Net Initial Yield of 9.07% after standard purchaser's costs
•Prominent Convenience Retail Investment
•Low Sustainable Rents
•Majority Leased to Strong National Occupiers - Dominos, Subway & Instavolt
•Freehold, Town Centre Location
Offers are sought in excess of £475,000 providing an attractive Net Initial Yield of 9.07% after standard purchaser's costs
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
2,475 sq ft
Costar Property Class
C
Year Built
2007
Price
£475,000
Price per sq ft
£191.92
Yield
9.07%
NOI
£43,083
Occupancy Rate
70%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.20
Total Plot Size
0.29 ac
Frontage
62 ft on A484
Amenities
- Security System
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Major Tenants Click Here to Access
- Tenant
- Industry
- sq ft Occupied
- Rent/sq ft
- Lease End
- Bombay Bites
- Retailer
- -
- -
-
Jan 0000
| Tenant | Industry | sq ft Occupied | Rent/sq ft | Lease End | ||
| Bombay Bites | Retailer | - | - | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
The property comprises an end-terrace, fully glazed single storey modern retail unit. It is configured to provide restaurant / sales area in addition to staff facilities including WC’s. Level pedestrian access is provided from Crown Parade with additional real / fire escape.
| Space | Size | Space Use | Position | Available |
| 1A | 750 sq ft | Restaurant | End Cap | Now |
1A
| Size |
| 750 sq ft |
| Space Use |
| Restaurant |
| Position |
| End Cap |
| Available |
| Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1A
| Size | 750 sq ft |
| Space Use | Restaurant |
| Position | End Cap |
| Available | Now |
The property comprises an end-terrace, fully glazed single storey modern retail unit. It is configured to provide restaurant / sales area in addition to staff facilities including WC’s. Level pedestrian access is provided from Crown Parade with additional real / fire escape.
1 1
Nearby Major Retailers
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Crown Para
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