Income-producing freehold with HMO and retail unit, ideal for yield-focused investors.
National franchise A3 tenant on FRI 20‑year lease
A compact mixed‑use freehold in central Cardiff offering immediate income from a national franchise A3 tenant and a fully compliant four‑bed HMO. The ground floor trades as an A3 licensed unit on a fully repairing and insuring (FRI) 20‑year lease to a national operator, providing a headline yield in excess of 9% for an investor seeking hands‑off rental income.
The first‑floor maisonette is self‑contained with private rear access and fully fitted HMO safety measures (fire boarding, LD2 hardwired alarm, FD30 doors, escape windows). It is let and managed, so prospective purchasers can continue with an established income stream; management incentives are available to assist transition.
Important considerations are factual: the commercial lease has c.20 years remaining, which may cause mortgage lenders to decline standard lending. The property sits in a very deprived, high‑crime urban area and has a small plot with no garden or loading yard. Internally the residential element shows basic finishes and would benefit from cosmetic modernisation to maximise rental or resale value.
This is primarily an investor opportunity: immediate, diversified income with potential to increase value through selective refurbishment or longer‑term reconfiguration (subject to consents). Buyers should obtain lender confirmation, up‑to‑date surveys and consider management arrangements to protect income in this challenging local market.
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