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25 High St

1,730 SF Retail Building Cardiff CF5 2DY £335,000 (£194/SF) 7.46% Net Initial Yield

Investment Highlights

  • Let to long term tenant
  • Well connected with rail
  • Ample parking close by

Executive Summary

The entire property is let to Blush Hairdressers on a new 10 year lease. At a rent of £25,000 per annum. The lease is drawn on FRI terms with a rent review and tenant break end of Year 5.The tenant has recently renewed the lease – illustrating that the unit is a strong trader.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
1,730 SF
Building Class
B
Year Built
1900
Price
£335,000
Price Per SF
£194
Net Initial Yield
7.46%
NOI
£25,000
Tenancy
Single
Number of Floors
4
Frontage
12 ft on High Street

Amenities

  • Bus Route
  • EPC - E
  • Storage Space

Nearby Major Retailers

Barclays
Starbucks
TGI Fridays
Lloyds Bank
SPAR
Tesco Extra
Tesco
Lidl
Co-op
Coffee #1
  • Listing ID: 33308234

  • Date on Market: 26/09/2024

  • Last Updated:

  • Address: 25 High St, Cardiff CF5 2DY

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