The Globe Inn | 7-9 Mysydd Rd
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The Globe Inn 7-9 Mysydd Rd
4,399 SF 100% Leased Retail Building Swansea SA1 2QD $444,513 CAD ($101 CAD/SF)
Investment Highlights
- Property comprises a fully let mixed use investment arranged over two floors
- Fully fitted licenced premises
- Situated within a densely populated catchment area within ease of access to Swansea city centre
- Street parking
Executive Summary
Fully let mixed use freehold investment opportunity producing a gross rental income of £32,340 PA.
The subject premises is available Freehold (to include the trade fixtures and fittings), which is subject to the following Leases:
Commercial - Lease of Ground Floor and Function Room of The Globe Inn to a private individual for a term of 2 years from 12th February 2024 at a current rent passing of £18,000 per annum (exclusive).
Flat 1 - Let on an Occupational Contract for an extended term of 12 months from 19th May 2024, producing a current rent passing of £675 per calendar month (£8,100 per annum).
Flat 2 - Let on an Occupational Contract for an initial term of 36 months from 15th March 2023 (ending on 15th March 2026), producing a current rent passing of £120 per week (£6,240 per annum or £520 per calendar month).
The subject premises is available Freehold (to include the trade fixtures and fittings), which is subject to the following Leases:
Commercial - Lease of Ground Floor and Function Room of The Globe Inn to a private individual for a term of 2 years from 12th February 2024 at a current rent passing of £18,000 per annum (exclusive).
Flat 1 - Let on an Occupational Contract for an extended term of 12 months from 19th May 2024, producing a current rent passing of £675 per calendar month (£8,100 per annum).
Flat 2 - Let on an Occupational Contract for an initial term of 36 months from 15th March 2023 (ending on 15th March 2026), producing a current rent passing of £120 per week (£6,240 per annum or £520 per calendar month).
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
4,399 SF
Year Built
1970
Price
$444,513 CAD
Price Per SF
$101 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.91
Land Acres
0.11 AC
Frontage
40 ft on Mysydd Road
Amenities
- Commuter Rail
- Storage Space
1 of 1
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Sean Thomas -
Astley Chartered Surveyors
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The Globe Inn | 7-9 Mysydd Rd
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