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35 John St

859 SF Retail Building Porthcawl CF36 3AP £299,000 (£348/SF) 5.02% Net Initial Yield

Investment Highlights

  • Situated in a prime location on the pedestrianised John Street.
  • The investment comprises a ground floor retail unit with the upper floors a vacant 2/3 double bedroom maisonette.
  • Other occupiers in close proximity include Boots, Costa Coffee, Poundland, Card Factory, Greggs and Superdrug.

Executive Summary

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.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
859 SF
Building Class
B
Year Built
1924
Price
£299,000
Price Per SF
£348
Net Initial Yield
5.02%
NOI
£15,000
Tenancy
Single
Number of Floors
3
Frontage
13 ft on John Street

Amenities

  • Storage Space
  • Listing ID: 33433649

  • Date on Market: 07/10/2024

  • Last Updated:

  • Address: 35 John St, Porthcawl CF36 3AP

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