Ty R Owen Row 907 sq ft 100% Let Retail Property Port Talbot SA12 9BH £145,000 (£159.87/sq ft) 10.48% Net Initial Yield

The subject premises is available Freehold, which is subject to the following occupational tenancies:
Ground Floor
Let to a private individual (with security of tenure provisions held outside the Landlord & Tenant Act 1954) for a term of 15 years from 1 st January 2021 (10 years unexpired), producing a current rent passing of £6,840 per annum (exclusive). The Lease also has provisions for 3 yearly rent reviews,
with the upcoming rent review due on 1 st January 2027.
First Floor
Let to a private individual on a standard Occupational Contract for a term of 12 months from 1 st November 2023, producing a current rent passing of £600 per calendar month (£7,200 per annum).