Hendy Service Station, Iscoed Road, Swansea, Carmarthenshire

£295,000 Offers in the region of

Freehold

The subject premises comprises a three storey mixed use property, which is currently occupied for use as a car sales showroom and workshop with self-contained three bedroom flat over the upper floor.

The ground floor comprises a car sales showroom which has been partitioned in part to accommodate ancillary offices. An additional repair/service bay and customer w.c. facilities are also located over the ground floor. A second workshop area can also be located to the rear over the basement, which can be accessed over the rear driveway that slopes behind the main unit. An additional single storey storage unit is also located just off the sloping driveway to the side elevation.

A courtyard is also available to the front, which can be accessed directly off the main highway, providing designated parking/ car sales lot for approximately 15-20 vehicles.

The first floor three bedroom flat, which can be accessed independently via an external steel stairwell to the side elevation comprises an entrance corridor with immediate access to three bedrooms, lounge, dining area, kitchen and bathroom.

We have been advised that the apartment is currently tenanted, which was initially occupied on a standard Assured Shorthold Tenancy (AST) Agreement for a term of 12 months from January 2019 at a current rent passing of £500 per calendar month.

The site, which is arranged over a split level, equates to approximately 0.18 acre.

The premises benefits from a prominent roadside location along Iscoed Road within the village of Hendy.

Hendy is a popular village, which lies along the border of Carmarthenshire and Swansea within close proximity to the town of Pontardulais.

The premises provides good lines of communication via the main A4138 and the A48, while the M4 Motorway (J48) is less than one mile away in a westerly direction. We further advise that Iscoed Road is the main thoroughfare linking the M4 Motorway with Pontardulais town centre.

The property provides the following approximate dimensions and areas:

GROUND FLOOR

Gross Internal Area: 101.17 sq.m (1,088.99 sq. ft.)

Car Sales Showroom: 75.73 sq.m (815.15 sq. ft.)
Access off the front elevation via a set of glass fronted sliding doors. Partitioned in part to accommodate additional office rooms/ customer reception.

Repair Bay: 16.52 sq.m (177.82 sq. ft.)
Access off the front elevation via a roller shutter loading door. Concrete floor with inspection pit.

Staff/ Customer W.C. Facilities

External Storage Unit (Not Measured)

BASEMENT

Workshop/ Store: 100.60 sq.m (1,082.85 sq. ft.)
Access off the rear sloping driveway via a timber framed loading door.

Roller Shutter Clearance: 2.82m (9’3″)
Eaves: 3.17m (10’4″)

FIRST FLOOR

Gross Internal Area: 97.13 sq.m (1,045.58 sq. ft.)

Entrance Corridor
with doors to.

Bedroom 1: 3.36m x 3.48m

Bedroom 2: 3.04m x 3.43m

Dining Area: 3.04m x 3.46m

Lounge: 4.47m (max) x 4.96m
with access to

Rear Corridor
with doors to

Bedroom 3: 3.06m x 3.45m

Kitchen: 3.19m x 3.39m
fitted with a range of wall and base units incorporating sink drainer, electric cooker point.

Bathroom
fitted with a three piece suite comprising bath, W.C. and wash hand basin, cupboard housing boiler.

As stated on the VOA website the Rateable Value for the subject premises is as follows:

Rateable Value (2017): £6,000

From April 2019 the Welsh Government will set the multiplier according to the Consumer Price Index (CPI) and for the financial year 2019-20 the multiplier will be 0.526.

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.

The residential accommodation is rated separately.

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.

All figures quoted are exclusive of VAT. Our client reserves the right to levy VAT on this transaction (where applicable).

The subject premises is available Freehold with part vacant possession.

By appointment with Sole Agents:

Astleys Chartered Surveyors
Tel: 01792 479 850
Email: commercial@astleys.net