Property overview

THREE, 17 Caroline Street, Bridgend, CF31 1DN

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Apr 2015

Franck Steier Price has recently completed the acquisition of a prime retail unit in the centre of Bridgend.

The property was located on the corner of Caroline Street and Adare Street.

The building extended over ground and two upper floors and is occupied by Three.

The property is let to Hutchison 3G UK on a term expiring June 2020. The rent passing is £37,000.

The property was purchased for £415,000 on behalf of a private client, this reflected a net initial yield of 8.5%. The vendor was represented by Fawcett Mead.