Commercial property for sale in High Street, Pontardawe, Swansea SA8

The property comprises a ground floor, mid-terraced, lock up shop/ retail unit, currently occupied for use as an independent physiotherapy practice.

We note that the subject premises forms part of a parade of similar units, comprising approximately five retail units in total along an established trading location.

Internally, the subject premises accommodates the main sales area, which can be accessed off the main pedestrian walkway to front, via a standard sales display window. The main sales area has also been subdivided in part to accommodate a reception area/ waiting room to the front, together with three individual consultation rooms located further to the rear. Prior to its conversion for use as a physiotherapist, the subject premises comprised an open plan sales area. The main sales area is also supported by ancillary accommodation, comprising a staff kitchen and w.c. Facilities to the rear.

We have also been advised by the client that the property also benefits from a single car parking space to the rear, which can be accessed off the shared access lane to the north
of the building.

We advise that the subject premises is being offered for sale with vacant possession, to exclude the existing business fixtures and fittings. We therefore advise that the subject premises offers the opportunity to be acquired for a range of alternative uses (subject to the necessary statutory consents).

Description

The property comprises a ground floor, mid-terraced, lock up shop/ retail unit, currently occupied for use as an independent physiotherapy practice.

We note that the subject premises forms part of a parade of similar units, comprising approximately five retail units in total along an established trading location.

Internally, the subject premises accommodates the main sales area, which can be accessed off the main pedestrian walkway to front, via a standard sales display window. The main sales area has also been subdivided in part to accommodate a reception area/ waiting room to the front, together with three individual consultation rooms located further to the rear. Prior to its conversion for use as a physiotherapist, the subject premises comprised an open plan sales area. The main sales area is also supported by ancillary accommodation, comprising a staff kitchen and w.c. Facilities to the rear.

We have also been advised by the client that the property also benefits from a single car parking space to the rear, which can be accessed off the shared access lane to the north
of the building.

We advise that the subject premises is being offered for sale with vacant possession, to exclude the existing business fixtures and fittings. We therefore advise that the subject premises offers the opportunity to be acquired for a range of alternative uses (subject to the necessary statutory consents).

Location

The subject property is located along a relatively busy main thoroughfare within Pontardawe.

Pontardawe is a town in the Swansea Valley. The community of Pontardawe, with a population of some 6,800, comprises the electoral wards of Pontardawe and Trebanos.

The immediate vicinity also provides ease of access to the main A474 and the A4067, which is one of the main distribution roads linking the M4 Motorway, Junction 45 (approximately 4 miles to the south) with Swansea City Centre.

The subject premises is also located within close proximity of the main intersection linking High Street with the primary retail areas of Herbert Street and James Street.

We also advise that the surrounding area is supported by a sufficient number of established tertiary commercial units, which includes local takeaways, public house premises, hair salons and convenience stores.

Accommodation

The subject premises affords the following approximate dimensions and areas:

Net Internal Area: 73.11 sq.m (786.95 sq. Ft.)

Sales Area: 64.86 sq.m (698.15 sq. Ft.)
which has been sub-divided to comprise the following.

Reception/ Waiting Area: 5.36m x 2.11m

Consultation Room 1: 3.16m x 3.23m
with wash hand basin.

Consultation Room 2: 3.16m x 2.90m
with wash hand basin.

Consultation Room 3: 2.89m x 3.18m
with wash hand basin.

Shop Depth: 12.08m (39'7")

Net Frontage: 3.47m (11'4")

Ancillary: 8.25 sq.m (88.80 sq. Ft.)
which briefly comprises the following:

Staff Kitchen: 3.42m x 2.41m

W.C. Facilities

Rates

As stated on the voa website the Rateable Value for the subject premises is as follows:

Rateable Value (2023): £5,400

From April 2018 the Welsh Government set the multiplier according to the Consumer Price Index (cpi) and for the financial year 2022-23 the multiplier will be 0.535.

Rates relief for small businesses in Wales will apply up to 31st March 2021. Rates relief for small business with a rateable value up to £6,000 will receive 100% relief and those with a rateable value between £6,001 and £12,000 will receive relief that will be reduced on a tapered basis from 100% to zero. We therefore advise that the subject premises is eligible for 100% small business rates relief (subject to satisfying the necessary criteria).

We advise that all enquiries should be made with the Local Authority Rates Department to verify this information. For further information visit .

Vat

We are led to believe that VAT will not be applicable to this transaction.

Terms And Tenure

The subject premises is available Freehold with vacant possession, to exclude any existing business fixtures and fittings.

Viewing

By appointment with Sole Agents:

Astleys Chartered Surveyors
Tel: Email: