Electric House, Castle Street, Newcastle Emlyn
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Tenure
Freehold
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Parking
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- Primary use
- Mixed use
No floor / site plan
Key features
- High Yielding Mixed Use Investment
- Retail Unit and Two Flats
- Fully Let to Three Tenants
- Asset Management Potential
- Investment Let at £18,840 p.a. (20.93% GIY on Guide Price)
Description
Arranged as a ground floor retail unit with two separately accessed flats to the upper parts, the property is fully let to three separate tenants producing a total rent of £18,840 per annum.
The ground floor comprises a retail unit with a double height barn/storage area to the rear. The unit is currently let to a charity shop and producing £7,200 per annum.
Flat 1 comprises a one bedroom flat and is let to a long standing tenant producing £4,740 per annum (395 pcm).
Flat 2 comprises a two bedroom flat and is let to a private individual producing £6,900 per annum (575 pcm).
The occupies a prominent frontage to Castle Street and forms part of the principal retail amenity within the town. The surrounding area is characterised by similar mixed uses.
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- Listed building
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- BREEAM rating
Unclassified
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Disclaimer - Property reference 1190CB78-831D-4D88-84A2-F5BAF0A89635. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills National , Savills Auctions- Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.