Retail premises for sale in Woodfield Street, Swansea SA6
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Investment Oppourtunity
- £11,500 per annum passing rent
- Situated within popular high street
- Occupied by David Jenkins Limited T/A Jenkins Bakery
Property description
Location
Situated just over 3 miles from Swansea City Centre, Morriston is the largest community within the City and County. Providing easy access to the M4 motorway and being within close proximity to Morriston Hospital and the dvla.
Morriston is a popular residential area with the main retail area situated at Woodfield Street. Morriston benefits from being within close proximity to major transport links, local schools and is home to many local and national occupiers.
Description
The premises is currently occupied by David Jenkins Limited T/A Jenkins Bakery at a passing rent of £11,500 and comprises a ground floor retail unit with first floor ancillary storage and staff facilities.
The premises is let on an internal repairing and insuring Lease for a term of 5 years from May 2021 with a 3rd year tenant-only break option.
Tenure
Freehold
Asking price
£130,000 - reflecting a gross initial yield of 8.85%
VAT
All figures are exclusive of VAT, where applicable.
Business rates
Interested parties are asked to verify the rates payable by contacting the Local Authority.
EPC rating
A copy of the EPC can be available upon request.
Planning permission
The premises currently has planning for A1 and would be suitable for a number of different uses subject to the necessary planning consent.
Contact
For further information and to arrange a viewing please contact Glanmor Chartered Surveyors.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Glanmor Chartered Surveyors, SA1 on +44 1792 738827 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Glanmor Chartered Surveyors, and do not constitute property particulars. Please contact Glanmor Chartered Surveyors for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.