Swansea, West Glamorgan, Freehold Investment For Sale.

John Francis

Pro Seller · View My Profile · 01792 311910

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· Joined: Feb 17, 2011

£120,000

Swansea, West Glamorgan, Freehold Investment For Sale.

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Swansea, West Glamorgan, Freehold Investment For Sale. in Swansea SWA is a Commercial Property

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Price:

£120,000 Get Prequalified Today

Contact:

01792 311910

Location:

Swansea, Swansea

Description:

Freehold Investment For Sale. Retail unit within a High Street location situated over two floors currently occupied as Chinese Takeaway. Let for a term of 21 years from March 2002 at a rent passing of 9,236 per annum.

The property is a mid-terraced building situated over two floors comprising of a ground floor retail accommodation with rear working kitchen, ancillary store and preparation areas. The first floor, which can be accessed from the rear preparation area comprises of a number of store rooms, w.c. and shower facilities.

The subject premises is currently occupied as a Chinese Takeaway.

There is no designated parking available. Access into the main building is directly off the main pedestrian walkway to the front. The rear services a fire escape route only.

Location

The property is located along Woodfield Street, the main retail area within this busy suburb of Swansea. A mix of local and national retailers such as Bargain Booze Ltd, Oxfam, Spar Convenience Store and Wilkinsons can be found within the immediate vicinity.

Accommodation

Approximate Dimensions

Ground Floor

NET INTERNAL AREA
43.35 sqm (466 sq ft)

Sales Area 13'4 x 12'2 4.06m x 3.71m

Kitchen/ Preparation Area 7'8 x 14'2 2.34m x 4.32m

Store 7'11 x 8'3 2.41m x 2.51m

First Floor

NET INTERNAL AREA
27.87 sqm (300 sq ft)

Store Area 1

Store Area 2

W.C Facilities

Terms

The property is available Freehold at an asking price of 120,000

The subject premises has been let on a FRI Lease for a term of 21 years from March 2002. The rent passing is 9,236 per annum. Rent Review every 3 years. Further details available on request.

Rates

The Rateable Value for the subject premises, as stated by the VO website, is 3,700. All relevant enquiries should be made of the Local Authority Rates Department to verify this information.

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Property Type:

Commercial & Office Space for Sale

Sq feet:

466 sq. ft.

For sale by:

Agent/Broker

Phone:

01792 311910

Posted:

May 11 2011 on Facebook

Contact:

01792 311910