retail property advisors

Swansea

Swansea investment
Available
Asking price
£315,000
Net initial yield
8.00%
Passing rent pa
£26,000

Well let high street retail investment off re-based rent

8 Union Street

  • Let to Bet Fred (Done Brothers (Cash Betting) Limited) until 2034 (tenant break in 2029)
  • Well located retail investment in a busy pedestrianised pitch
  • Excellent covenant
  • Recent open market letting
  • Net income £26,000 pax
  • Seeking offers of £315,0000 reflecting a net initial yield of 8.00% allowing for purchaser’s costs of 3.15%
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