8 Nolton St

461 SF Retail Building Bridgend CF31 1DU £110,000 (£238.61/SF) 9.09% Net Initial Yield

EXECUTIVE SUMMARY

The property is to be sold Freehold tenure subject toand with the benefit of the letting of the property toShoecare (Cardiff) Limited who are occupying underterms of a 15 year Lease expiring 9th September 2029on FRI terms and at a current rental of £10,000 perannum exclusive. The Lease contains a 5 yearly rentreview pattern with the next rent review due 10thSeptember 2024.

ATTACHMENTS

8 Nolton St

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
461 SF
Year Built
1956
Price
£110,000
Price Per SF
£238.61
Net Initial Yield
9.09%
NOI
£10,000
Tenancy
Single
Number of Floors
2
Frontage
12 ft on Nolton St

AMENITIES

  • Bus Route

NEARBY MAJOR RETAILERS

Spar
ASDA
Iceland
Costa Coffee
Snap Fitness 24/7
Lounges
National Westminster Bank Plc
Lloyds Bank
YMCA
Heron Foods
  • Listing ID: 35200501

  • Date on Market: 20/03/2025

  • Last Updated:

  • Address: 8 Nolton St, Bridgend CF31 1DU