The subject premises comprises a large ground floor retail unit, situated along a prominent main road position within Swansea City Centre.
The premises accommodates a large sales area with a shop depth of 17.30m, which is also supported by ancillary office, storage and staff kitchen facilities to the rear.
The subject premises comprises a self-contained ground floor retail unit, previously occupied for use as a kitchen showroom.
The premises accommodates a large ground floor sales area, which can be accessed directly off the main entrance foyer, directly off the main pedestrian walkway to the front. The main sales area has been extended further to the rear, which benefits from a shop depth of approximately 17.30m.
The main sales area is also supported by ancillary accommodation to the rear, comprising a small staff kitchen, storage and w.c. Facilities.
The subject premises is situated along Mansel Street, which is situated along the fringe of Swansea City Centre and within a short walking distance to the primary retail area of Oxford Street.
The immediate area provides for a mixture of office accommodation for professionals such as Chartered Surveyors, Estate Agents, Accountants, Financial Advisers and Solicitors, as well as general retailing and residential accommodation.
The subject premises affords the following approximately dimensions and areas:
Net Internal Area: 134.17 sq.m (1,444.20 sq. Ft.)
Sales Area: 122.70 sq.m (1,320.74 sq. Ft.)
Shop Depth: 17.30m (56'9")
Internal Width (Max): 10.0m (32'10")
Ancillary: 11.47 sq.m (123.46 sq. Ft.)
Storage: 3.0m x 1.80m
Kitchen: 3.10m x 3.70m
We advise that the ground floor accommodation has yet to be rated separately.
Rateable Value (2017): £12,000.
From April 2018 the Welsh Government set the multiplier according to the Consumer Price Index (cpi) and for the financial year 2020-21 the multiplier will be 0.535.
Rates relief for small businesses in Wales will apply up to 31st March 2019. Rates relief for small business with a rateable value up to £6000 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 advise that all enquiries should be made with the Local Authority Rates Department to verify this information. For further information visit .
All figures quoted are exclusive of VAT. Our client reserves the right to levy VAT on this transaction (if applicable).
Our client’s interest is available by the way of a new effective Full Repairing and Insuring Lease (under terms to be negotiated).
By appointment with Sole Agents:
Astleys Chartered Surveyors