1-4 Wellfield - Bank FOR SALE


Cardiff, VGL CF24 3PJ
$775,000 USD
1-4 Wellfield, Cardiff, VGL for Sale
$775,000 USD
Bank - FOR SALE
1/1
null | Request Cap Rate

1-4 Wellfield
Cardiff, VGL CF24 3PJ


HIGHLIGHTS

  • Nationally known occupier
  • New 5 year FRI lease from 22nd December 2022
  • Net initial yield of 7.28%

OVERVIEW

The property is long leasehold for a term of 999 years from 3rd September 2002 at a peppercorn rent. Lloyds Bank have been in occupation since 1986. The year ended 31st December 2023, Lloyds Banking Group Plc reported a turnover of £51,253,000,000, pre-tax profit of £7,503,000,000 and a net worth of £38,858,000,000.

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$233 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Globe Centre

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,290 SF

ZONING

-

APN/PARCEL ID

WA803433

ASK ABOUT THIS PROPERTY

Matthew JonesFletcher Morgan LtdMore Info

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Matthew JonesFletcher Morgan LtdMore Info

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