Jump to the content area

326 Oystermouth Road

326 Oystermouth Road picture1
326 Oystermouth Road picture2
326 Oystermouth Road picture3
326 Oystermouth Road picture4
326 Oystermouth Road


LEASE FOR SALE - offers over £30,000
Prominent corner unit on busy roadside location
Option to extend lease at end of term
Ground Floor restaurant/bar: 55.5 m² (598 ft²)

Sea views
Potential for first floor restaurant with view of Swansea Bay

The subject property is situated on the busy Oystermouth Road and occupies a prominent corner position.

Nearby properties comprise a mixture of residential and commercial premises.

Access to the property is via a side entrance from Bond Street. A Small bar area leads into a spacious restaurant looking out onto Oystermouth Road.

There is a well fitted kitchen at the rear on the ground floor. The first floor comprises an open area with extensive views over Swansea Bay which has the potential to be developed as a further restaurant.

There is a flat on the second floor with separate access.

Rateable Value - £12,500
UBR in Wales 2018/19; 51.4p in the £.

The property is held under the terms of a lease for 4 years from 28th October 2015. The current rent is £11,330 per annum which will rise to £11,670 per annum with effect from 28th October 2018.

The lease contains an option for the tenant to renew for a further term of 8 years at the end of the current agreement.