35 John St
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35 John St
859 SF Retail Building Porthcawl CF36 3AP $375,963 ($438/SF) 5.02% Cap Rate
INVESTMENT HIGHLIGHTS
- Situated in a prime location on the pedestrianised John Street.
- The investment comprises a ground floor retail unit with the upper floors a vacant 2/3 double bedroom maisonette.
- Other occupiers in close proximity include Boots, Costa Coffee, Poundland, Card Factory, Greggs and Superdrug.
EXECUTIVE SUMMARY
The property is a three storey, mid terraced building with a self-contained ground floor retail unit accessed directly from John Street.
The first and second floors are a vacant maisonette providing 2 double bedrooms, 2 lounges, a large bathroom and kitchen / diner area. The residential accommodation is externally accessed to the rear of the property, where there is also a garage.
The investment comprises a ground floor retail unit with the upper floors a vacant 2/3 double bedroom maisonette. Seeking offers in the region of £299,000 (Two Hundred and Ninety Nine Thousand Pounds).
Ground floor let to David Jenkins Limited t/a Jenkins Bakers on a recently renewed lease expiring 2034 on full repairing and insuring terms at £15,500 p.a.
The first and second floors are a vacant maisonette providing 2 double bedrooms, 2 lounges, a large bathroom and kitchen / diner area. The residential accommodation is externally accessed to the rear of the property, where there is also a garage.
The investment comprises a ground floor retail unit with the upper floors a vacant 2/3 double bedroom maisonette. Seeking offers in the region of £299,000 (Two Hundred and Ninety Nine Thousand Pounds).
Ground floor let to David Jenkins Limited t/a Jenkins Bakers on a recently renewed lease expiring 2034 on full repairing and insuring terms at £15,500 p.a.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
859 SF
Building Class
B
Year Built
1924
Price
$375,963
Price Per SF
$438
Cap Rate
5.02%
NOI
$18,861
Tenancy
Single
Building Height
3 Stories
Frontage
13 FT on John Street
AMENITIES
- Storage Space
1 of 1
NEARBY MAJOR RETAILERS
1 of 2
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
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MAP
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35 John St
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