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High Yielding Multi-Let Mixed Use Investment
Newcastle Emlyn, SA38 - Get Access
Description
The property comprises a high yielding, multi-let, mixed use investment opportunity arranged as a ground floor retail unit with two separately accessed flats to the upper parts. Fully let to three separate tenants, the investment produces a total rent of £18,840 per annum. The ground floor features a retail unit with a double height barn and storage area to the rear, currently let to a charity shop and producing £7,200 per annum. Flat 1 is a one-bedroom flat let to a long-standing tenant producing £4,740 per annum (£395 pcm). Flat 2 is a two-bedroom flat let to a private individual producing £6,900 per annum (£575 pcm). The building occupies a prominent frontage to Castle Street and forms part of the principal retail amenity within the town. The surrounding area is characterised by similar mixed uses.