Investment Opportunity - 96 Whitchurch Road, Cardiff

The property comprises a three-storey mid terraced building comprising a mix of retail and residential. The ground floor consists of a self-contained retail unit benefiting from frontage onto Whitchurch Road along with a two-bedroom apartment. Across the first and second floors, there is a studio apartment and two one-bedroom apartments, each featuring double rooms, a bathroom, and a kitchen/lounge area. The one-bedroom apartment on the first floor includes a balcony, while the second-floor apartment benefits from a Juliet balcony. The residential accommodation has been refurbished to a high specification and benefits from the convenience of smart technology, allowing access to apartments via mobile phone. Investment Summary. • Attractive investment opportunity in a prime location • The investment comprises a self-contained restaurant and a two-bedroom apartment on the ground floor, along with a studio apartment and two one-bedroom apartments on the upper floors, let under four separate ASTs • Ground floor lease let to The Dough Thrower on a 10-year term from 01/05/2022 • Situated in a popular residential area on Whitchurch Road with various local cafes and restaurants • Producing £54,300 per annum • We are instructed to seek offers in the region of £700,000 reflecting an attractive Net Initial Yield of 7.38%, after deducting standard purchaser’s costs of 5.05%