8 Nolton St
461 SF Retail Building Bridgend CF31 1DU $142,120 ($308.29/SF) 9.09% Cap Rate
EXECUTIVE SUMMARY
The property is to be sold Freehold tenure subject toand with the benefit of the letting of the property toShoecare (Cardiff) Limited who are occupying underterms of a 15 year Lease expiring 9th September 2029on FRI terms and at a current rental of £10,000 perannum exclusive. The Lease contains a 5 yearly rentreview pattern with the next rent review due 10thSeptember 2024.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
461 SF
Year Built
1956
Price
$142,120
Price Per SF
$308.29
Cap Rate
9.09%
NOI
$12,920
Tenancy
Single
Building Height
2 Stories
Frontage
12’ on Nolton St
AMENITIES
- Bus Line
1 of 1
NEARBY MAJOR RETAILERS
