Retail premises for sale in St. Teilo Street, Swansea SA4

Situation
Situated within Pontarddulais, this mid terrace mixed use property benefits from a prominent trading position on St Teilo Street. St Teilo street benefits from a high level of footfall and is a popular location for commercial premises. This premises benefits from a mix of commercial and residential properties close by.

Description
The property briefly comprises of a mixed commercial and residential premises.

The commercial aspect comprises of an A1 retail space, previously used by a popular bakery. The ground floor comprises an open showroom and to the first floor there is an additional showroom that was previously used as a kitchen. There are WC facilities and ancillary storage throughout also.

The ground floor flat to the rear comprises of one bedroom, kitchen, and bathroom.

The first and second floor residential aspect comprises of four bedrooms, a bathroom, with separate WC, kitchen and living room.

The premises benefits from separated access from the commercial, ground floor and first and second floor flat. There are also good security and fire systems in place.

Size
The commercial accommodation has a Net Internal Area of 63.77 m2 (686ft2).

The ground floor residential accommodation has a Net Internal Area of 33.16 m2 (356ft2).

The first and second floor residential accommodation has a Net Internal Area of 51.89 m2 (558ft2).

Terms
The Freehold interest in our clients premises is available For Sale at an asking price of £235,000.

The premises is currently vacant, but we are advised that the ground floor/first floor commercial aspect used to bring in a passing rent of £7,200 per annum.

The ground floor flat was previously rented out at a passing rent of £4,800 per annum.

The first floor and second floor was previously rented out at an individual room basis, with a combined passing rent of £16,800 per annum.

This would provide an approximate annual income of £28,800 per annum.

Viewing
Please contact the sole selling agent, Dawsons.