Rhyl
Actng on behalf of Estrkin Developments Ltd, joint agents Cooke & Arkwright and Allsops LLP have sold 36 High Street, Rhyl to a private purchaser for £712,500. The premises comprise 1,653 sq ft and are let on a 15 year lease to Game Store Group Ltd at £47,000 pa. This represents a yield of 6.3%.

Cardiff
Acting on behalf of private vendor, Fletcher Morgan have sold Unit 2, Greenmeadow Springs Business Park, Cardiff to private trust clients for £900,000. The premises comprise 4,860 sq ft and are let on a fri lease to Oval 2125 Ltd from December 2006. The yield achieved was 7%. Cooke & Arkwright represented the private trust clients.

Haverfordwest
Acting on behalf of Urban Commercial Properties Ltd, Emanuel Jones have sold 20/20a Bridge Street, Haverfordwest to NRB Properties Ltd for £915,000. The premises comprise 1,200 sq ft and are let for 25 years from December 1986 to Ethel Austin Ltd at £57,500 pa. This represents a yield of 6%. NRB Properties Ltd were represented by Cooke & Arkwright.

Rhyl
Acting on behalf of Esterkin Developments Ltd, joint agents Cooke & Arkwright and Allsops LLP have sold 38/40 High Street, Rhyl to a private purchaser for £800,000. The premises comprise 2,070 sq ft and are let on a 20 year fri lease to Select (Retail) Ltd from October 2003 at £55,000 pa. This represents a yield of 6.57%.

Barry
Acting on behalf of EPL Ltd, Cooke & Arkwright have sold 62/66 Holton Road, Barry to the Minton Group for £1m. The premises comprise 11,172 sq ft and are let on a 35 year lease to Barracuda Pubs and Bars Ltd from July 2006 at £60,000 pa.
This represents a yield of 5.67%.