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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



Investment Highlights
- Secure freehold investment let to NHS tenant on FRI terms
- On-site car parking for approx. 16 vehicles
- Fully fitted dental surgery / healthcare facility
Executive Summary
The property comprises a substantial three-storey commercial building extending to approximately 6,758 sq ft. The accommodation is arranged across ground floor, first floor and basement levels, providing a mix of clinical and ancillary space configured for its current use as a dental surgery.
The layout offers a functional mix of treatment rooms, supporting accommodation and ancillary areas, with the building fully fitted and operational for healthcare use. The specification and configuration allow for efficient occupational use, with potential adaptability for alternative uses subject to the necessary consents.
Externally, the property benefits from a dedicated car park providing approximately 16 spaces, together with additional yard space to the side.
The layout offers a functional mix of treatment rooms, supporting accommodation and ancillary areas, with the building fully fitted and operational for healthcare use. The specification and configuration allow for efficient occupational use, with potential adaptability for alternative uses subject to the necessary consents.
Externally, the property benefits from a dedicated car park providing approximately 16 spaces, together with additional yard space to the side.
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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