The subject premises comprises a steel portal frame workshop/ industrial unit situated within a secured compound, which is located directly off one the main estate roads within Swansea West Business Park.
The workshop, which has been extended further to the rear has a Gross Internal Area of 433.49 sq.m (4,773.72 sq. ft.). The compound equating to 366.75 sq,m (3,947.69 sq. ft.) is secured by steel palisade fencing, which accommodates a surfaced yard area providing immediate access into the unit via a roller shutter loading door.
The main workshop also accommodates a 5 tonne gantry crane, which spans the depth of the high eaves unit to the front. Additional mezzanine accommodation is also located within the main workshop.
Additional parking up to 12 spaces can be located directly off the main highway to the front of the secured compound.
The subject premises is located along Queensway within Swansea West Business Park, which was originally known as the Fforestfach Trading Estate.
The Swansea West Industrial Estate was originally developed 60 years ago, which has benefited from significant recent investment at Felinfach.
The Business Park is situated approximately 4 miles northwest of the city centre and approximately 2 miles from junction 47 of the M4 motorway.
The property provides the following approximate dimensions and areas:
Gross Internal Area: 443.49 sq.m (4,773.72 sq. ft.)
Main Workshop: 262.33 sq.m (2,823.72 sq. ft.)
with kitchenette area to side and stairs to mezzanine (measuring approximately 600 sq. ft.) comprising a private office room and open store area. 5 tonne gantry crane, which spans approximately 20.82m in depth to front loading door.
Eaves: 6.50m (21’4″)
Roller Shutter Clearance: 6.23m (20’5″)
Rear Store Unit: 181.16 sq.m (1,950.00 sq. ft.)
subdivided in part to accommodate private office room, store area and ladies/ gents w.c. facilities
Eaves: 3.47m (11’3″)
Secure Compound: 366.75 sq,m (3,947.69 sq. ft.)
surfaced throughout providing loading area with storage/ parking.
As stated on the VOA website the Rateable Value for the subject premises is as follows:
Rateable Value (2017): £8,800
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.
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 (if applicable).
Our client’s interest is available by the way of a new effective Full Repairing and Insuring Lease (under terms to be negotiated).
By appointment with Agents:
Astleys Chartered Surveyors
Tel: 01792 479 850