2B Paget St 883 SF 100% Leased Retail Building Cardiff CF11 7JX $323,930 ($366.85/SF) 5% Cap Rate


INVESTMENT HIGHLIGHTS
- Comes with half of the adjoining garage
- 10 minute drive into Central Cardiff
- Great location on bust junction with lots of foot traffic
EXECUTIVE SUMMARY
Hafren Properties are pleased to offer you this investment opportunity comprising a freehold two storey commercial property with a well established pizza takeaway business on the ground floor and a large storeroom on the first floor. The property also benefits from use of half of the adjoining garage. The property is located in an excellent position on a busy junction with lots of foot traffic, and just a 10 minute walk from Cardiff City Centre.
The property is tenanted and the same tenants have been running the business from the premises for over 15 years. The current rental income is £12,000 per annum.
Dimensions:
Shop Counter Area – 121 sq. ft. (11.25 sq.m)
Rear Kitchen/Preparation Area – 243 sq. ft. (22.65 sq.m)
Small Side Kitchen – 36 sq. ft. (3.375 sq.m.)
1st Floor Storeroom – 120 sq. ft. (11.15 sq.m.)
Toilet Area – 363 sq. ft. (33.75 sq.m)
For further information please call us on 029 2023 3399 or email us at sales@hafrenproperties.co.uk
The property is tenanted and the same tenants have been running the business from the premises for over 15 years. The current rental income is £12,000 per annum.
Dimensions:
Shop Counter Area – 121 sq. ft. (11.25 sq.m)
Rear Kitchen/Preparation Area – 243 sq. ft. (22.65 sq.m)
Small Side Kitchen – 36 sq. ft. (3.375 sq.m.)
1st Floor Storeroom – 120 sq. ft. (11.15 sq.m.)
Toilet Area – 363 sq. ft. (33.75 sq.m)
For further information please call us on 029 2023 3399 or email us at sales@hafrenproperties.co.uk
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
883 SF
Building Class
B
Year Built
1957
Price
$323,930
Price Per SF
$366.85
Cap Rate
5%
NOI
$16,197
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
1 of 1
NEARBY MAJOR RETAILERS









