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22 St. Helens Rd

1,938 SF 100% Leased Retail Building Swansea SA1 4AP £365,000 (£188/SF) 6.30% Net Initial Yield

Investment Highlights

  • Mixed Use Premises
  • Good levels of passing traffic and footfall being one of the main thoroughfares into Swansea City.
  • Situated on a Popular Saint Helen’s Road

Executive Summary

The property is available For Sale at an asking price of £395,000.
Briefly comprising a 3-storey mixed use property with two ground floor commercial aspects, and various suites to the first and second floors.
The ground floor comprises 2 commercial aspects which are currently being used as popular restaurants. They are currently providing an annual income of approximately £23,000.
The first and second floors comprise of various size rooms which have recently been refurbished, and have the potential for residential conversion.
This first and second floor has a Gross Internal Area of approximately 180 square meters.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
1,938 SF
Year Built
1960
Price
£365,000
Price Per SF
£188
Net Initial Yield
6.30%
NOI
£23,000
Percent Leased
100%
Number of Floors
2
Building FAR
0.66
Land Acres
0.07 AC
Frontage
16 ft on Saint Helen's Road

Nearby Major Retailers

The Co-operative Food
Barclays
HSBC Bank Plc
YMCA
Checkers Cafe
Santander
Costa Coffee
Chopstix Noodle Bar
Starbucks
Tesco
  • Listing ID: 32830775

  • Date on Market: 16/08/2024

  • Last Updated:

  • Address: 22 St. Helens Rd, Swansea SA1 4AP

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