All Other Commercial

  • image1
  • image1
  • image1
  • image1
  • image1
  • image1

NEW - Investments Across Port Talbot

For Sale £ 920,000 For Sale
Port Talbot  SA13 1NL Commercial Commercial Commercial Department » Print this page

Our client is looking to dispose of their portfolio of which comprises the below properties across Port Talbot.

The portfolio is available whole at an asking price of £920,000 (Nine Hundred and Twenty Thousand Pounds) and includes the Freehold interest to all properties hereunder. All properties are currently let and are producing a total gross income of £80,112 per annum. This in turn produces a gross initial yield of 8.71%.

Alternatively, the properties are available separately.

9-10 High Street, Cwmafan

Briefly comprises ground floor commercial premises let at £700 PCM for a term of 5 years from 1st February 2019. The upper floor comprises a 3 bed flat producing £520 PCM. Gross income of £14,640 PA. Available Freehold at £150,000 – Representing a 9.76% GIY.

27 Commercial Road, Port Talbot

Comprises ground floor commercial premises let at £750 PCM for a term of 3 years from 1st March 2019. The upper floor comprises a 1 bedroom flat producing £400 PCM. Gross income of £13,800 PA. Available Freehold at £170,000 – Representing an 8.12% GIY.

39 Commercial Road, Port Talbot

Briefly comprises ground floor A3 commercial premises and first floor flat both let at an annual rent of £12,000 for a term of 15 years with rent reviews on a 3 yearly basis. Available Freehold at £145,000 – Representing an 8.28% GIY.

42 Commercial Road, Port Talbot

Comprises a ground floor commercial premises let to a local covenant at a passing rent of £650 PCM for a term of 4 years from 1st April 2018. The upper floor comprises a flat producing a monthly rental of £520. Gross income of £14,040 PA. Available Freehold at £140,000 – Representing a 10% GIY.

48 Commercial Road, Port Talbot

Briefly comprising ground floor commercial premises let to a local covenant at a rent of £520 PCM for a term of 3 years from 2017. The upper floor comprises a 3 bedroom flat let at £320 PCM. Gross Income of £10,080 PA. Available Freehold at £145,000 – Representing a 6.95% GIY.

46 Commercial Road, Port Talbot

Briefly comprising a ground floor commercial premises let to a local covenant at a rent of £500 PCM for a term of 3 years from October 2016. The upper floor comprises 2 flats let at a combined income of £796 PCM. Gross income of £15,552 PA. Available Freehold at £170,000 – Representing a 9.15% GIY.

For further information, please speak to the sole selling agent, Dawsons, on the contact details below:

Andrew Cox
01792 478 907
andrew.cox@dawsonsproperty.co.uk

Matthew Mason
01792 478 908
matthew.mason@dawsonsproperty.co.uk