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Meddygfa Albany Surgery 219-221 City Rd 8,121 SF 100% Leased Retail Building Cardiff CF24 3JD $2,598,164 ($319.93/SF) 9.36% Cap Rate
INVESTMENT HIGHLIGHTS
- Units are fully let on long term contracts
- Purpose built GP surgery and pharmacy building with residential above
- The freehold is available
EXECUTIVE SUMMARY
Constructed in 2009, this purpose-built GP surgery and pharmacy spans three levels: ground, first, and second floors. The property is mid-terraced, featuring cavity brick elevations beneath a pitched slate roof.The ground floor includes a self-contained pharmacy with large frontage, a dedicated entrance
to the surgery, and an electric roller shutter providing access to the rear undercroft car park, which offers 17 parking spaces.The first and second floors accommodate the GP surgery, comprising a reception area, consultation rooms, training rooms, kitchen facilities, and WCs on each level. The building is fully DDA compliant, incorporating a passenger lift and accessible WC’s. The first and second floors have air conditioning to part.
to the surgery, and an electric roller shutter providing access to the rear undercroft car park, which offers 17 parking spaces.The first and second floors accommodate the GP surgery, comprising a reception area, consultation rooms, training rooms, kitchen facilities, and WCs on each level. The building is fully DDA compliant, incorporating a passenger lift and accessible WC’s. The first and second floors have air conditioning to part.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
8,121 SF
Building Class
B
Year Built
2009
Price
$2,598,164
Price Per SF
$319.93
Cap Rate
9.36%
NOI
$243,300
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Parking
16 Spaces (1.97 Spaces per 1,000 SF Leased)
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Meddygfa Albany Surgery | 219-221 City Rd
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