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Property details
Map & nearby

Office for sale in Woodfield Street, Swansea

Investment

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Office for sale

1,440 sq. ft*

Property features

Investment Oppourtunity
Situated on popular High Street
Occupied by Midshires: 5 year Lease from September 2022- subject to break option
Passing rent £15,000 pax

Property description

Location

Situated along an established parade of commercial property within the main hub of Morriston, Woodfield Street this mid-terrace property occupies a position amongst national retailers including the likes of Iceland, The Travel House, Lextan along with local covenants including estate agencies, barbers and more and is host to a monthly market selling traditional products and produce. Morriston is situated approximately 3.5 miles North of Swansea and approximately 60 miles West of Cardiff.

Description

The premises comprises ground floor office/retail space set out over basement, ground and first floor with retail frontage onto Woodfield Street. The premises is currently occupied by Midshires Care Ltd T/A Helping Hands at a passing rent of £15,000pax. The premises is let on a full repairing and insuring Lease for a term of 5 years from 1st September 2022 with a 3rd year tenant-only break option.

Tenure

Freehold

Asking price

£195,000 - Reflecting a gross initial yield of 7.69%

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 use.

Contact

For further information and to arrange a viewing please contact Glanmor Chartered Surveyors.

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Property info

Brochure

Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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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.