Restaurant/cafe to let in 1 Quadrant Gate, Nelson Street, Swansea SA1

Location

The property is located on the Nelson Street, close to the junction with lower Union Street, close to The Quadrant Shopping Centre and near the entrance to the indoor market. Neighbouring occupiers include Santander, Burger King, Vodafone, wh Smith’s and Pandora. The location is considered to be an edge of prime retail pitch within Swansea City Centre.

Description

The unit is one of four retail / A3 units, forming part of the former Quadrant Gate Pub. The building occupies an extremely prominent corner position, within a three storey development, beneath a flat and pitched roof. Independent access and facilities are provided to each retail unit.

Accommodation

Ground Floor Sales: 93.36 sq m 1,005 sq ft
Ground Floor Kitchen 10.60 sq m 114 sq ft
First Floor 33.19 357 sq ft
Total: 156.21 sq m 1,681 sq ft

Option for additional first and second floor storage or flat ( stanc. )

Approx 38 ground floor covers.
Approx 18 first floor covers.
Approx 10 external covers.

Rateable value

£21,250
ubr for Wales 2022/23 is 53.5p in the £

Lease terms

The property is available on a new effective full repairing and insuring lease on terms to be agreed.

Service charge and building insurance premium

The tenant to contribute to the maintenance of the external part of the property via a service charge agreement. The landlord to continue to insure and recover the premium cost from the tenant.

Rent

Rental offers in the region of £25,000 pax

EPC

Band D

cn: VAT
All prices are quoted exclusive of VAT. Our client reserves the right to charge VAT on all payments.