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88-89 High Street

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88-89 High Street

Summary:

*** BUSINESS NOT AFFECTED ***

WELL ESTABLISHED RETAIL PREMISES
CENTRAL LOCATION & TRAIN STATION NEARBY
OFFERS IN THE REGION OF £240,000
(ALSO AVAILABLE TO SUB-LET)

LOCATION
The premises are situated in Swansea City Centre along High Street, which comprises a mixture of cafes, some local retailers but mainly residential use. The property is located in close proximity to Swansea central train station, along one of the main routes into the centre. High Street has seen substantial redevelopment over the last decade with further buildings being refurbished and land being redeveloped currently.

DESCRIPTION
The subject property is laid out over two-storeys which can potentially be divided into two separate units. The ground floor and first floor are capable of having two separate entrances. The ground floor premises offer a prominent shop display. Accommodation briefly comprises:

Ground Floor: Two separate show rooms, two W.C.’s, inner hallway, storeroom with side external access, four changing rooms, two stock rooms to the rear and an office area.

First Floor: Access from High Street with staircase leading to first floor accommodation, entrance reception, two changing rooms, two main show rooms, two W.C.’s, stock room, office/workshop and kitchen area.

ACCOMMODATION (NIA)
Description m2 ft2
Ground Floor 276.55 2977
First Floor 249.45 2685
Total 526 5662
All areas and dimensions approximate, verification is recommended.

TENURE
Our client is seeking to dispose of their leasehold interest being, 99 years from 1978,60 years remaining.

PRICE
Offers in the region of £240,000.
Alternatively they may consider sub-letting.

BUSINESS RATES
Rateable Value £16,500
UBR in Wales 2017/18 49.9 pence in the £

Interested parties are asked to verify this information by contacting the local rating authority.

VAT
All figures are exclusive of VAT where applicable.

ENERGY PERFORMANCE CERTIFICATE
D77