Retail

Walter Road, Swansea

Per Annum
£9,500
  • 452 sqft

Property details

The subject premises comprises a ground floor retail unit, which has a current Use Class of A2 and previously occupied by Coral bookmakers.

The premises also accommodates ancillary basement accommodation comprising a staff kitchen and w.c facilities

  • Description

    The subject premises comprises a ground floor retail unit, which has a current Use Class of A2 and previously occupied by Coral bookmakers.

    The premises also accommodates ancillary basement accommodation comprising a staff kitchen and w.c facilities

  • Location

    The property is situated along Walter Road within Swansea City Centre, which is a popular established commercial area, with the majority of neighbouring properties utilised as office accommodation for professionals such as Chartered Surveyors, Estate Agents, Accountants, Financial Advisers and Solicitors.

  • Accommodation Comprises

    The property provides the following approximate dimensions and areas:

    GROUND FLOOR

    Sales: 35.32 sq.m (380 sq. ft)

    Shop Depth: 8.76m (28’9")
    Internal Width: 4.33m (14’3")

    BASEMENT

    Staff Area: 6.70m (72 sq. ft.)

    W.C. Facilities

  • Rates

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

    Rateable Value (2017): £6,200

    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 2020. 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

    Our client’s interest is available by the way of a new effective Full Repairing and Insuring Lease (under terms to be negotiated).

  • Viewing

    By appointment with Sole Agents:

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

  • Extra Links

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  • Interested in this property?

    Astleys Commercial branch: 01792 479850commercial@astleys.net Raglan House Charter Court Phoenix Way Enterprise Park Swansea SA7 9DD Click to Enquire