Retail

Dillwyn Street, Swansea

Offers In The Region Of
£165,000
  • 1,384 sqft

Property details

The subject premises comprises a two-storey mid terraced retail unit, which appears to have been extended significantly to the rear to accommodate a large coffee shop and sandwich bar to the ground floor with ancillary storage accommodation arranged over the upper floor.

The main sales area, which is currently fully fitted and equipped for its intended use also benefits from a shop depth of approximately 24.26m, which is supported by additional staff and disabled w.c. facilities to the rear.

We further advise that the subject premises was also previously occupied for use as a bookmakers (A2 – Financial and Professional Services), prior to its conversion in 2012 to its existing use as a coffee shop.

  • Description

    The subject premises comprises a two-storey mid terraced retail unit, which appears to have been extended significantly to the rear to accommodate a large coffee shop and sandwich bar to the ground floor with ancillary storage accommodation arranged over the upper floor.

    The main sales area, which is currently fully fitted and equipped for its intended use also benefits from a shop depth of approximately 24.26m, which is supported by additional staff and disabled w.c. facilities to the rear.

    We further advise that the subject premises was also previously occupied for use as a bookmakers (A2 – Financial and Professional Services), prior to its conversion in 2012 to its existing use as a coffee shop.

  • Location

    The subject premises is situated along a prominent main road position within Swansea City Centre.

    The immediate vicinity also affords ease of access to the primary retail area of Oxford Street, which is a short walking distance, approximately 20 metres from the subject premises.

    Established occupiers within close proximity include Papa Johns, Dominos and Cooperative Funeral Care.

  • Accommodation Comprises

    The subject premises affords the following approximate dimensions and areas:

    GROUND FLOOR

    Sales Area: 99.14 sq.m (1,067.20 sq. ft.)

    Shop Depth: 24.26m (79’7”)
    Net Frontage: 4.73m (15’6”)

    Disabled W.C. Facilities
    Accessed directly off the main sales area

    Staff W.C. Facilities
    Accessed off the preparation area to the rear.

    FIRST FLOOR

    Ancillary: 29.48 sq.m (317.40 sq. ft.)

    Office 1 (Front): 4.96m x 3.28m

    Office 2 (Rear): 3.16m x 3.55m

  • Rates

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

    Rateable Value (2017): £10,500

    From April 2018 the Welsh Government set the multiplier according to the Consumer Price Index (CPI) and for the financial year 2021/22 the multiplier will be 0.535.

    Rates relief for small businesses in Wales will apply up to 31st March 2022. 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

    Please be advised that a figures quoted are exclusive of VAT (where applicable).

  • Terms & Tenure

    The subject premises will be available Freehold with vacant possession.
    Please be advised that the subject premises has the potential to be sold as seen, to include the outgoing Tenant’s fixtures and fittings.

  • Viewing

    By appointment with Sole Agents:

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

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