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95 Pontcanna Street, Cardiff, VGL

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95 Pontcanna Street

Cardiff, CF11 9HS

Property type:Office Sub Type:- Status:Existing Year built:1909
Floors:4 Typical floor:599 sq ft Building size:2,398 sq ft
For sale price:£425,000 Price:£177.23 sq ft
Yield:6.33 %
Amenities:Storage Space

Sale Notes:
This three storey end terrace property is situated in a prominent corner location and the whole building is let to a well established long standing Cardiff Estate Agents on a 10 year full repairing and insuring lease from December 2017 at a current rent of £28,000 per annum which rises to £29,000 in December 2020 and £30,000 in December 2021. The second floor offices are sub-let at a rent of £5,400 per annum. We have been instructed to seek offers in the region of £425,000 which reflects a Net Initial Yield of 6.33%, rising to 6.56% in December 2020 and rising to 6.78% in December 2021.

E J Hales
Owen Cahill

Daniel Griffiths
029 2037 8844

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