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Lewis Merthyr Workmens Institute Pontypridd Rd 6,757 SF 100% Leased Office Building Porth CF39 9PH $1,282,566 CAD ($189.81 CAD/SF) 8.63% Cap Rate



Investment Highlights
- Secure freehold investment let to NHS tenant on FRI terms
- On-site car parking for approx. 16 vehicles
- Fully fitted dental surgery / healthcare facility
Executive Summary
The property comprises a substantial three-storey commercial building extending to approximately 6,758 sq ft. The accommodation is arranged across ground floor, first floor and basement levels, providing a mix of clinical and ancillary space configured for its current use as a dental surgery.
The layout offers a functional mix of treatment rooms, supporting accommodation and ancillary areas, with the building fully fitted and operational for healthcare use. The specification and configuration allow for efficient occupational use, with potential adaptability for alternative uses subject to the necessary consents.
Externally, the property benefits from a dedicated car park providing approximately 16 spaces, together with additional yard space to the side.
The layout offers a functional mix of treatment rooms, supporting accommodation and ancillary areas, with the building fully fitted and operational for healthcare use. The specification and configuration allow for efficient occupational use, with potential adaptability for alternative uses subject to the necessary consents.
Externally, the property benefits from a dedicated car park providing approximately 16 spaces, together with additional yard space to the side.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
6,757 SF
Building Class
B
Year Built
1900
Price
$1,282,566 CAD
Price Per SF
$189.81 CAD
Cap Rate
8.63%
NOI
$110,725 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,379 SF
Parking
16 Spaces (2.37 Spaces per 1,000 SF Leased)
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Lewis Merthyr Workmens Institute | Pontypridd Rd
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