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Lewis Merthyr Workmens Institute Pontypridd Rd 6,757 sq ft 100% Let Office Property Porth CF39 9PH £695,000 (£102.86/sq ft) 8.63% Net Initial Yield



EXECUTIVE SUMMARY
The property is modern and in full use, being occupied by the NHS under the terms of an FRI lease and represents an excellent opportunity to acquire a prime income producing covenant.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
6,757 sq ft
Costar Property Class
B
Year Built
1900
Price
£695,000
Price per sq ft
£102.86
Yield
8.63%
NOI
£60,000
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
3,379 sq ft
Parking
16 Spaces (2.37 Spaces per 1,000 sq ft Leased)
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Lewis Merthyr Workmens Institute | Pontypridd Rd
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