71 High Street, Swansea, SA1 1LN
For Sale
£245,000
Brief Description
- A1 Premises Ground Floor
- 3 Flats between First Floor and Second Floor
- Good Investment Opportunity
- All premises currently rented out
Full Description
Situation
Situated on the High Street within Swansea City Centre, this mid terrace premises occupies a prominent position opposite Swansea Central Train Station. Neighbouring occupiers include retailers and A3 businesses.
Description
Briefly comprising a ground floor retail premises which is currently let, along with 3 flats to the first floor which are also let.
The Ground Floor is let to a local covenant for a term of 5 years from 2019 at a rent of £6,500 per annum.
The upper floor flats are let at £425 per calendar month each.
Terms
Our clients Freehold interest in the property is available For Sale at an asking price of £245,000 (Two Hundred and Forty Five Thousand Pounds). This provides a Gross Initial Yield of 8.9%.
Viewing
To arrange a viewing or to discuss further, please contact the sole selling agent, Dawsons, on the contact details below:
Joe Demarco
01792 478 907
joe.demarco@dawsonsproperty.co.uk
Matthew Mason
01792 478 908
matthew.mason@dawsonsproperty.co.uk