Retail premises for sale
High Street, Merthyr Tydfil CF47
- Investment
Offers in region of
£285,000
(£174.53/sq. ft)
Property Listing Details
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Property details
Features
- Investment
- Whole Building
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Description
The property occupies a prominent corner position along the pedestrianised area of High Street, at the junction with John Street. Occupiers in close proximity include the Post Office, Poundworld, Specsavers and Greggs. The property is let to tui UK Retail Limited trading as Thompson Travel on a full repairing and insuring lease for a term of 10 years from 25th March 2011. There is a tenant only break option and upward only rent review after five years. The passing rent is £28,750 per annum. Offers of £285,000 for the freehold interest. This provides a net initial yield of 9.63% assuming purchasers costs of 4.8%.
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Map & Nearby
Local Amenities
- Merthyr Tydfil 0.1 miles
- Pentre-Bach 1.6 miles
- Caedraw Primary School 0.2 miles
- St Mary's R.C. Primary School 0.2 miles
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Property descriptions and related information displayed on this page are marketing materials provided by Emanuel Jones. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Emanuel Jones for full details and further information.