Investment Opportunity for Auction Cardiff CF5
A former church hall with 3/4 of the building currently being used as a day nursery. The auctioneers have been advised that the nursery business brings in rent totalling £8709.96 p.a. representing an initial gross yield of circa 9.0%, and this rent has remained the same since 2016 when the initial lease commenced. The remaining space offers potential for further development, subject to appropriate planning consent and suitable for mixed-use purposes.
For further information about this property
Register- Detailed property descriptions and addresses, streetviews, Google Maps and virtual tours.
- Auctioneers' website links, contact details and catalogues
- Auctioneers' directory providing contact information for auction houses around the UK
- Auction calendar displaying forthcoming auction dates
- MyUKAL facilities enabling you to save properties of interest and set up property alerts.