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69 Chemical Rd

1,214 SF 100% Leased Retail Building Swansea SA6 6JE $188,605 ($155/SF) 10.75% Cap Rate

Investment Highlights

  • Private parking for 2 cars
  • Neighbouring occupiers include various local and national covenants
  • The property is close to public transport

Executive Summary

Briefly comprising a ground floor A1 premises with a residential flat on the first floor.
The premises benefits from a spacious open showroom retail area with kitchen and WC facilities. The ground floor shop is rented at £650 pcm.
The first floor contains a 1-bedroom flat with a hall, bathroom and staircase on the ground floor. The first floor contains an L-shaped kitchen with all necessary appliances, a living room and a bedroom.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,214 SF
Building Class
C
Year Built
1900
Price
$188,605
Price Per SF
$155
Cap Rate
10.75%
NOI
$20,278
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.93
Land Acres
0.03 AC

Amenities

  • Bus Line
  • Commuter Rail
  • Security System

Nearby Major Retailers

Lidl
SPAR
Heron Foods
Starbucks
ASDA
Costa Coffee
Bestway Cash & Carry
Morrisons
Iceland
Tesco Extra
  • Listing ID: 33458772

  • Date on Market: 10/9/2024

  • Last Updated:

  • Address: 69 Chemical Rd, Swansea SA6 6JE

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