Business for Sale in CORNER PLOT, END TERRACED PROPERTY, DIRECTLY OPPOSITE MAIN TRAIN STATION INVESTMENT PROPERTY OPPORTUNITY, LLANELLI

Freehold Price £320,000

Key Information

Reference
INV35643J
Tenure
Freehold
Status
For Sale
Region
West Wales
Sector
Investment Properties
Annual Sales
£30,800.00 Exc. VAT
Rent Payable
N/A
Business Rates
N/A
Accommodation
2 SELF CONTAINED FLATS (3 BED & 2 BED). BOTH TENANTED
  • Good Freehold Investment Proposition
  • Large, End Terrace/Corner Plot Building
  • Long Standing Coffee Shop/Café Tenant
  • 2 Flats Above, both Let
  • Total Rent Currently Achieved £30,800 p.a
  • Secure Yard & Additional Storeroom
  • Strongly Located, Opp Main Railway Station
  • 9.6%+ Return on Investment Opportunity
  • Recommended By Us At EM&F

Business Information

A large and imposing end terraced, corner plot property, long established, enjoying strong rental income and being positively situated directly opposite the towns main train station.

Long standing Coffee shop/Cafe tenant currently on a 20 year lease advised (16 Yrs appx remaining) and with the added bonus of 2 further self contained flats above (also both tenanted).

Respected 5 star hygiene rated Cafe with good, regular client base advised. Tidily presented and equipped throughout with 60+ covers, having all required trading facilities, a secure rear yard/access (shared with flats) and additional garage/stockroom facility to the very back of the property/plot.

Rent of £20,400 p.a currently achieved (Cafe & stockroom/garage)

The 2 flats above (2 bed & 3 bed) are both spacious and generally welcoming. Both are duly tenanted and currently achieve rental income combined of £10,400 p.a

Overall, the total rental income currently achieved/enjoyed from this property is £30,800 p.a.

Strong investment property/opportunity (Open to price negotiation) and which we at EMF therefore recommend for earliest viewing and consideration.

EPC Ratings.

CAFE   C     FLATS: E

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South, Mid & West Wales

Your Regional Director Mark Harrison

South, Mid & West Wales

PO BOX 156
Cwmbran
NP44 9EA