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Studio, in Neath Road, £525,000
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0 bed property

Neath Road, Plasmarl, Swansea
£525,000

Our Summary

  • A large mixed use investment opportunity with potential for further rental growth
  • Fully let to a number of established local occupiers, the asset produces a current rent of £51,120 per annum, reflecting a strong income stream with potential for future rental growth
  • Offered freehold, this represents an attractive, well-located investment opportunity in an established commercial and residential area
  • ), it would appear that the current investment asset has potential for future rental growth

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Description

The property is a mixed-use commercial building located on a prominent arterial route in Swansea, approximately 2.5 miles from the city centre. The building measures approximately 7,062 sq.ft. over three floors and has been redeveloped to provide five self-contained commercial units, currently fully let to established local occupiers. The property features a large rear car park with 21 spaces and is situated in a busy commercial and residential area, within a dense mix of housing, local retailers, and commercial occupiers.