Description
The subject premises comprises a semi-detached two-storey retail unit and former veterinary surgery (D1 Use Class) located along a prominent main road position along the edge of Gorseinon town centre, measuring approximately 101.24 sq.m (1,089.74 sq. ft.) in total.
We note that the subject premises benefits from the main sales area and office reception with a shop depth of approximately 7.19m, which can be accessed via a sales display window over the front elevation. The main sales area has also been subdivided in part to accommodate a small toilet. Additional ancillary accommodation is also located to the rear, comprising two additional storage/ office rooms (including a small kitchenette area) and staff w.c. facilities.
The remaining accommodation arranged over the first floor, which has been refurbished to a good quality specification throughout comprises a large office room, which has been subdivided in part by demountable partitioning to accommodate a smaller meeting room. Additional w.c. and staff kitchen facilities are also located to the rear.
Given the layout of the subject premises, we note that each floor has the potential to be sub-divided to accommodate 2 no. separate retail/ office suites, suitable for both owner occupiers and investors.
The subject premises has also been significantly refurbished since 2018, to include the replacement of a new roof including the installation of various photovoltaic solar panels (including 16 no. new panels), a new central heating system, suspended ceilings within the main sales area, new LED lighting throughout, electrical wiring (including 2 no. new fuse boards which offers potential for sub-division per floor) and the installation of emergency lighting, CCTV, fire and intruder alarm systems, new kitchen and toilet facilities, etc. suitable for immediate occupation.
We further advise that the total power consumption in respect of the Solar PV and Battery System for the past 12 months equates to 300 units (KWHrs) of energy at 42.2p per KWHr at approximately £126.60 per annum (excluding any additional standard charges, etc.)
An enclosed courtyard area, which is surfaced with tarmac throughout is also located to the rear, providing designated parking for 4 vehicles. The rear courtyard can be accessed directly off the main highway, fronting Duffryn Road along the southern boundary.Location
The subject premises is located fronting a prominent main road position along the corner of West Street and Duffryn Road within Gorseinon town centre.
Gorseinon is a popular town with the main shopping area being located on High Street, which is located approximately 6.5 miles north-west from Swansea City Centre and approximately 2 miles west from Junction 47 of the M4 Motorway.
West Street eventually leads off to the main intersection with Alexandra Road and High Street, which is the primary retail area comprising a range of established national occupiers and independent businesses.Accommodation Comprises
The subject premises affords the following approximate dimensions and areas:
GROUND FLOOR
Net Internal Area: 53.89 sq.m (580.07 sq. ft.)
Sales Area: 30.28 sq.m (325.93 sq. ft.)
Shop Depth: 7.19m (23'5")
Net Frontage: 5.18m (17'0")
Ancillary: 23.61 sq.m (254.13 sq. ft.)
which briefly comprises the following:
W.C. Facilities (within Sales Area)
Store Room: 3.79m x 4.19m
with door to.
Staff W.C. Facilities
Store/ Staff Kitchen: 3.96m x 2.78m
with door to rear courtyard
FIRST FLOOR
Net Internal Area: 47.35 sq.m (509.77 sq. ft.)
Office: 3.28m x 7.44m
with perimeter trunking, carpeted floors and spotlight throughout, door to
Meeting Room: 2.36m (max) x 5.95m
with perimeter trunking, carpeted floors and spotlight throughout.
W.C. Facilities
Staff Kitchen: 4.01m x 2.77mRates
As stated on the VOA website the Rateable Value for the subject premises is as follows:
Rateable Value (2023): £4,000
From April 2018 the Welsh Government set the multiplier according to the Consumer Price Index (CPI) and for the financial year 2023/24 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 £6,000 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. The subject premises is therefore eligible for 100% small business rates relief (subject to meeting the necessary criteria).
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 all figures quoted are exclusive of VAT (if applicable).
Terms and Tenure
The subject premises is available for sale to include the Freehold interest, with vacant possession.
Viewing
By appointment with Sole Agents:
Astleys Chartered Surveyors
Tel: 01792 479 850
Email: commercial@astleys.net
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