Retail

St. Teilo Street, Swansea

Offers In The Region Of
£600,000
  • 8,360 sqft

Property details

The subject premises comprises a large ground floor retail unit situated within an established high street location, providing a shop depth of approximately 34.34m and a net frontage of 16.99m.

The sales area can be accessed over a set of automated customer entrance doors over the main pedestrian walkway to the front. Ancillary storage, office, staff kitchen and w.c facilities are also located to the rear.

The retail unit is also supported by additional designated parking facilities and a loading area for deliveries to the rear, which can be accessed off Camrbian Place and provides immediate access into the service corridor situated to the side of the main sales area.

The first floor, which can be accessed independently to the front off the main pedestrian walkway, comprises 4 self-contained residential apartments.

  • Description

    The subject premises comprises a large ground floor retail unit situated within an established high street location, providing a shop depth of approximately 34.34m and a net frontage of 16.99m.

    The sales area can be accessed over a set of automated customer entrance doors over the main pedestrian walkway to the front. Ancillary storage, office, staff kitchen and w.c facilities are also located to the rear.

    The retail unit is also supported by additional designated parking facilities and a loading area for deliveries to the rear, which can be accessed off Camrbian Place and provides immediate access into the service corridor situated to the side of the main sales area.

    The first floor, which can be accessed independently to the front off the main pedestrian walkway, comprises 4 self-contained residential apartments.

  • Location

    Pontardulais is predominantly a residential suburb situated approximately 9 miles northwest of Swansea City Centre and within close proximity of Junction 48 of the M4 Motorway,
    approximately 1 mile away in a westerly direction.

    The subject premises is situated along prominent position within the established high street location of St Teilo Street. The subject premises is also positioned adjacent to the ancillary customer car parking entrance to Tesco Superstore, which appears to be the town's main supermarket.

    A number of established local retailers are also located within close proximity to the subject premises.

  • Accommodation Comprises

    The property provides the following approximate dimensions and areas:

    GROUND FLOOR

    Net Internal Area: 776.67 sq.m (8,360.07 sq. ft.)

    Sales Area: 657.91 sq.m (7,081.17 sq. ft.)

    Shop Depth: 34.34m (112’7?)
    Internal Width (max): 23.86m (78’3?)

    Ancillary: 118.76 sq.m (1,278.33 sq. ft.)
    Comprising small office room, staff kitchen, w.c. facilities, store room and service corridor with access to external loading area.

    FIRST FLOOR

    Not inspected.

    We have been advised that the upper floors comprises a total x4 self-contained two bedroom flats, currently let to Family Housing Association for a term of 25 years from 26th February 1996 at an initial rent of £3,689 per annum.

  • Rates

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

    Rateable Value (2017): £33,750

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

    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 (where applicable).

  • Terms & Tenure

    The subject premises is available Freehold with vacant possession.

  • Viewing

    By appointment with Sole Agents:

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

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