Retail premises for sale in Church Street Gowerton, Swansea SA4

Location

The property is located in the heart of Gowerton and lies 0.2 Miles from Gowerton Train Station. It provides good access roads via the A484 to the M4. Prominent occupiers in the immediate vicinity include Gowerton Conservative Club, Yummy Bears Sweet Shop, The Commercial Hotel, Station 86 Coffee Shop and Gowerton Library.

Description

A retail unit set on two floors, comprising of a main front retail and first floor retail area with extra store and office space. The property contains a 32 solar panel, 8KW charging system.

Accommodation

Ground Floor:
Front retail area: 206.62 sq M (2,224 sq ft)

store: 50.91 sq M (548 sq ft)

first floor: 128.39 sq M (1,382 sq ft)

office: 15.70 sq M (169 sq ft)

total: 401.62 sq M (4,323 sq ft)

Rateable value
tbc

Ubr for Wales 2023/24 is 53.5p in the £

Tenure

We have been informed that the freeholders are prepared to sign a new long lease hold interest, for a new term of 125 Years at a ground rent of £1,500pax, reviewed every 5 years.

Asking price

Offers in the region of £285,000

EPC

To be provided.

VAT

Our client reserves the right to charge vat on the sale price.

Legal costs

Each party to pay their own legal costs on this transaction.