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Crown Para 2,475 SF 70% Leased Retail Building Llanelli SA15 3PW $635,749 ($256.87/SF) 9.07% Cap Rate
EXECUTIVE SUMMARY
Investment Summary
•Prominent Convenience Retail Investment
•Low Sustainable Rents
•Majority Leased to Strong National Occupiers - Dominos, Subway & Instavolt
•Freehold, Town Centre Location
Offers are sought in excess of £475,000 providing an attractive Net Initial Yield of 9.07% after standard purchaser's costs
•Prominent Convenience Retail Investment
•Low Sustainable Rents
•Majority Leased to Strong National Occupiers - Dominos, Subway & Instavolt
•Freehold, Town Centre Location
Offers are sought in excess of £475,000 providing an attractive Net Initial Yield of 9.07% after standard purchaser's costs
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
2,475 SF
Building Class
C
Year Built
2007
Price
$635,749
Price Per SF
$256.87
Cap Rate
9.07%
NOI
$57,662
Percent Leased
70%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.29 AC
Frontage
62’ on A484
AMENITIES
- Security System
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Bombay Bites
- Retailer
- -
- -
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Bombay Bites | Retailer | - | - | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
The property comprises an end-terrace, fully glazed single storey modern retail unit. It is configured to provide restaurant / sales area in addition to staff facilities including WC’s. Level pedestrian access is provided from Crown Parade with additional real / fire escape.
| Space | Size | Space Use | Position | Available |
| 1A | 750 SF | Restaurant | End Cap | Now |
1A
| Size |
| 750 SF |
| Space Use |
| Restaurant |
| Position |
| End Cap |
| Available |
| Now |
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1A
| Size | 750 SF |
| Space Use | Restaurant |
| Position | End Cap |
| Available | Now |
The property comprises an end-terrace, fully glazed single storey modern retail unit. It is configured to provide restaurant / sales area in addition to staff facilities including WC’s. Level pedestrian access is provided from Crown Parade with additional real / fire escape.
1 1
NEARBY MAJOR RETAILERS
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Crown Para
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