35 John St 859 SF Retail Building Porthcawl CF36 3AP £299,000 (£348.08/SF) 5.02% Net Initial Yield

The property is a three storey, mid terraced building with a self-contained ground floor retail unit accessed directly from John Street.
The first and second floors are a vacant maisonette providing 2 double bedrooms, 2 lounges, a large bathroom and kitchen / diner area. The residential accommodation is externally accessed to the rear of the property, where there is also a garage.
The investment comprises a ground floor retail unit with the upper floors a vacant 2/3 double bedroom maisonette. Seeking offers in the region of £299,000 (Two Hundred and Ninety Nine Thousand Pounds).
Ground floor let to David Jenkins Limited t/a Jenkins Bakers on a recently renewed lease expiring 2034 on full repairing and insuring terms at £15,500 p.a.