Sale of High Street Retail Property to Private Investor

M4 Property Consultants are delighted to confirm the sale of a retails investment property in Brecon.

Working jointly with Stuart Hogg Property Consultants, M4PC were instructed by F.I. Real Estate Management to sell the investment of 16-17 High Street, Brecon.

Located in a prime location, the grade II listed building comprises of two adjoining shops let to Savers Health & Beauty and St David’s Hospice Care, producing a total income of £39,500 per annum.

Dan Smith of M4 Property Consultants commented, “It was clear that this opportunity would suit a local private investor or property company. Both leases are relatively short term, but this does provide asset management opportunities to re-gear the leases and potentially take back the underutilised upper floors for development.

Following an extensive marketing campaign with our joint agents, Stuart Hogg, we were proved right when an offer was accepted from a regional property company we had discussed the opportunity with.

With interest rates at a historic low, we are witnessing strong demand for commercial property investments and it was pleasing to conclude a deal on this property.

If you have commercial property investment to sell, we would be delighted to assist. Please do not hesitate to get in contact:-

Contact: 01633 740 740