Retail

Western Street, Swansea

Offers In The Region Of
£149,500
  • 1,680 sqft

Property details

The subject property comprises an extended end terraced, two-storey, mixed use premises which is situated within an established city centre location.

Internally, the premises comprises a ground floor retail unit, previously occupied for use as a fishing tackle shop, with additional storage and workshop facilities to the rear. The first floor, which can be accessed independently over the side elevation along Beach Street accommodates former residential facilities, previously occupied as a two bedroom self-contained flat. However, we note that the majority of the accommodation arranged over the upper floors is currently presented in a shell condition.

  • Description

    The subject property comprises an extended end terraced, two-storey, mixed use premises which is situated within an established city centre location.

    Internally, the premises comprises a ground floor retail unit, previously occupied for use as a fishing tackle shop, with additional storage and workshop facilities to the rear. The first floor, which can be accessed independently over the side elevation along Beach Street accommodates former residential facilities, previously occupied as a two bedroom self-contained flat. However, we note that the majority of the accommodation arranged over the upper floors is currently presented in a shell condition.

  • Location

    The subject premises is located along the corner of Western Street and Beach Street within an established mixed use location within Swansea city centre.

    Western Street is located within the Sandfields area of Swansea.

    Sandfields is a district bounded by St. Helen's Road to the north, Dillwyn Street to the east and furthermore Oystermouth Road and Swansea Bay to the south. The area is adjacent to and immediately west of Swansea city centre with all necessary amenities within close proximity to the subject premises.

  • Accommodation Comprises

    The property provides the following approximate dimensions and areas:

    GROUND FLOOR

    Retail Unit

    Net Internal Area: 83.17 sq.m (895.33 sq. ft.)

    Sales Area: 40.14 sq.m (432.06 sq. ft.)

    Internal Width: 6.62m (21'9")
    Shop Depth: 6.65m (21'10")

    Storage: 11.96 sq.m (128.73 sq. ft.)

    Workshop: 31.07 sq.m (334.43 sq. ft.)

    W.C. Facilities
    with w.c. and wash hand basin.

    Residential

    Entrance Foyer
    accessed directly off the main pedestrian walkway over the side elevation, internal stairwell to.

    FIRST FLOOR

    Gross Internal Area: 55.11 sq.m (593.28 sq. ft.)

    Landing
    with stairs to second floor/ attic, doors to.

    Lounge: 6.14m x 3.23m

    Bedroom: 3.68m x 3.28m

    Kitchen: 2.67m x 2.65m
    Shell condition.

    Bathroom
    Shell condition, which also requires sub-division.

    SECOND FLOOR/ ATTIC

    Gross Internal Area: 17.87 sq.m (192.44 sq. ft.)

    Store/ Former Bedroom: 5.92m x 3.02m.

  • Rates

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

    Rateable Value (2017): £3,200

    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.

    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.

    Based on the information collated within the Council Tax Valuation List, the residential accommodation is rated under Council Tax Band B.

  • VAT

    VAT will need to be confirmed but we advise that all figures quoted are exclusive of VAT (if 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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  • 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