Office

Kings Road, Swansea

Offers In The Region Of
£170,000
  • 582 sqft

Property details

The subject premises forms part of a Grade II Listed Building, build circa 1895, which was previously used as a grain warehouse before its current conversion. The J Shed is situated within the sought after SA1 Swansea Waterfront Development.

Internally, the premises is arranged over two floors comprising open plan live-in/ work accommodation with fitted kitchen and toilet facilities. The premises can be accessed off the communal entrance foyer, internal stairwell and passenger lift via a secured intercom entry system.

The subject premises forms part of modern mixed use development block comprising a mix of commercial occupiers on the ground floor with office and live/work accommodation to the first floor.

  • Description

    The subject premises forms part of a Grade II Listed Building, build circa 1895, which was previously used as a grain warehouse before its current conversion. The J Shed is situated within the sought after SA1 Swansea Waterfront Development.

    Internally, the premises is arranged over two floors comprising open plan live-in/ work accommodation with fitted kitchen and toilet facilities. The premises can be accessed off the communal entrance foyer, internal stairwell and passenger lift via a secured intercom entry system.

    The subject premises forms part of modern mixed use development block comprising a mix of commercial occupiers on the ground floor with office and live/work accommodation to the first floor.

  • Location

    The property is located directly off Kings Road close to its junction with Langdon Road within a mixed commercial and residential area within the popular £200 million SA1 Swansea Waterfront Development.

    The property is situated approximately 1 mile from Swansea city centre and 4 miles to the west of Junction 42 of the M4 motorway.

    Established occupiers within the immediate vicinity include Admiral, The Village Hotel, Premier Inn and Tesco.

  • Accommodation Comprises

    The subject property affords the following approximate dimensions and areas:

    GROUND FLOOR

    Comprising the communal entrance foyer, supported by a passenger lift and internal stairwell.

    NIA/ IPMS 3 Office: 54.10 sq.m (582.33 sq. ft.)

    FIRST FLOOR

    Office/ Living Area: 35.15 sq.m (378.35 sq. ft.)
    Open plan live-in work area with fitted kitchen facilities.

    Bathroom Facilities
    Fitted with a three piece suite comprising bath, w.c. and wash hand basin.

    MEZZANINE

    Office/ Bedroom: 18.95 sq.m (204.02 sq. ft.)
    with door to store cupboard housing un-vented cylinder unit.

  • Rates

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

    Rateable Value (2017): £6,000

    From April 2018 the Welsh Government set the multiplier according to the Consumer Price Index (CPI) and for the financial year 2020-21 the multiplier will be 0.535.

    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

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

  • Terms & Tenure

    The subject premises is available for sale on a Long Leasehold interest based on the following terms:

    Date: 10 October 2005
    Term: 125 years less one day from 23 September 2005
    Ground Rent: TBC
    Service Charge: TBC

  • Viewing

    By appointment with Sole Agents:

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

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