SHOP/ CAFE WITH FLAT FOR SALE
The subject premises comprises a two storey, mixed use, corner unit situated within a relatively prominent position along the edge of Swansea City Centre.
The ground floor comprises a former cafe/ restaurant, which accommodates the main sales and service/ kitchen area with ancillary storage and W.C. facilities situated to the rear. The first floor comprises a self-contained one bedroom flat supported by the kitchen, lounge and bathroom.
We note that the premises is being offered for sale with vacant possession but advise that premises was previously let in its entirety at a rent passing of £9,500 per annum.
The property is located along a prominent roadside position along Mount Pleasant within Swansea City Centre. The property is within close proximity to the main shopping district within the City and is situated within the immediate vicinity of the former Swansea Metropolitan University Campus.
Swansea has a population in the region of 239,000 in the 2011 census.
The property affords the following approximate dimensions and areas:
Net Internal Area: 54.39 sq.m (585.45 sq. ft.)
Sales Area: 47.41 sq.m (510.34 sq. ft.)
subdivided in part to accommodate service area with potential seating for approximately 20 covers and partly serviced kitchen area.
Preparation Room: 6.98 sq.m (75.13 sq. ft.)
Gross Internal Area: 47.78 sq.m (514.34 sq. ft.)
entrance hall and stairs from ground floor pavement.
Lounge: 4.31m x 5.35m (max)
Bedroom: 3.21m x 4.10m
Kitchen: 3.26m x 3.35m
fitted with standard wall and base units incorporating sink drainer.
comprising three piece suite with bath, W.C. and wash hand basin.
As stated on the VOA website the Rateable Value for the subject premises is as follows:
Rateable Value (2017): £2,600
From April 2018 the Welsh Government will set the multiplier according to the Consumer Price Index (CPI) and for the financial year 2018-19 the multiplier will be 0.514.
Rates relief for small businesses in Wales will apply up to 31st March 2019. Rates relief for small business with a rateable value up to £6000 will receive 100% relief and those with a rateable value between £6,001 and 12,000 will receive relief that will be reduced on a tapered basis from 100% to zero.
We advise that all enquiries should be made with the Local Authority Rates Department to verify this information. For further information visit www.voa.gov.uk.
VAT is yet to be confirmed.
The subject premises is available Freehold with vacant possession.
By appointment with Sole Agents:
Astleys Chartered Surveyors
Tel: 01792 479 850