Freehold mixed-use investment opportunity in Rumney, Cardiff, comprising an A3-licensed takeaway unit and a two-bedroom apartment. The property occupies a prominent position within the busy Rumney Hill shopping parade and is sold with an established commercial tenant in situ.
The investment produces approximately £30,000 per annum under a ten-year fully repairing and insuring lease, representing a yield of approximately 8% based on the £375,000 asking price.
The property benefits from rear off-road parking and a strong trading location alongside national operators within the shopping parade. The existing business is unaffected by the sale, making this an attractive income-producing freehold investment for buyers seeking established rental income.
- Asking Price:
- £375,000
- Turnover:
- Undisclosed
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Freehold
- Lease Terms:
-
The commercial tenant occupies the property under a ten-year fully repairing and insuring lease, generating approximately £30,000 per annum in rental income.
- Location:
-
Situated within Rumney Hill shopping parade in Rumney, Cardiff, the property occupies a busy commercial position alongside a range of national traders. The established shopping parade provides a strong trading environment for the ground-floor commercial unit.
- Premises Details:
-
Semi-commercial freehold property comprising an A3-licensed takeaway unit together with a two-bedroom apartment. The property also benefits from rear off-road parking and is sold with an established commercial tenant in situ.
- Planning Consent:
-
A3-licensed commercial unit.
Business Operation
- Competition / Market:
-
The property occupies an established shopping parade alongside national traders, supporting the location's established commercial profile and customer draw.
