144 High Street

Overview

Freehold mixed-use investment - Let to Menter Mon Cyf

4,322 sq ft (401.52 sq m)

For Sale - Offers in the region of £385,000

Features

• Freehold mixed-use investment, part let to Menter Mon Cyf on a lease expiring in 2032
• Recently refurbished to a high standard
• Rateable Value of £18,250
• Available freehold via a private treaty sale
• Net initial yield of 9.01%
• Capital value of £89.07 p.s.f.

Location

The property occupies a prominent position on Porthmadog high street, the main retailing pitch within the town. It has a well established commercial and tourist centre serving a wide rural catchment, providing a mix of cafes, convenience provisions, independent retailers and national operators.