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Chemical Road, Morriston 63 Chemical Rd 281 SF Retail Building Swansea SA6 6JE $510,732 ($1,817.55/SF) 11.20% Cap Rate
Investment Highlights
- 2 x A1 commercial units
- Convenient for M4 & hospital
- Projected income circa £42,000 pa
Executive Summary
Mixed use investment opportunity comprising two A1 commercial units (hair salon and retail shop), one ground floor studio apartment and two first floor two-bedroom apartments. Projected income in the region of £42,000 per annum when fully let. The property benefits from an L2 fire alarm system and is situated in a central and convenient location close to Morriston centre, the M4 and local hospital. Available with no onward chain.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
281 SF
Building Class
A
Year Built
1990
Price
$510,732
Price Per SF
$1,817.55
Cap Rate
11.20%
NOI
$57,202
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.05 AC
Amenities
- 24 Hour Access
- Security System
- Energy Performance Rating - C
- Smoke Detector
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Nearby Major Retailers
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Chemical Road, Morriston | 63 Chemical Rd
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