retail property advisors

Porthcawl

Porthcawl investment
Available
Asking price
£295,000
Net initial yield
7.39%
Passing rent pa
£22,500

Prime Located small retail investment in Porthcawl

84 John Street

  • Porthcawl is an attractive seaside town located on the Heritage Coast
  • Situated on the pedestrianised John Street.
  • Other occupiers in close proximity include Boots, Costa, Specsavers and Poundland
  • The investment comprises a ground floor retail unit with the upper floor sold off on long leasehold basis
  • Let to Coral Racing Ltd on a 10 year full repairing and insuring lease from 22 October 2009, expiring 21 October 2019
  • Rent - £22,500 per annum
  • Attractive Small Lot size
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