Commercial Retail

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NEW - 44 The Kingsway, Swansea, SA1 5HG

For Sale £ 30,000 For Sale
Swansea City Centre  SA1 5HG Retail Commercial Commercial Department » Print this page

Situation

This property is situated on The Kingsway, in the City Centre of Swansea. Conveniently located, this property benefits from high levels of footfall and is serviced regularly by public transport.

Description

Briefly comprising a fully fitted hair salon that has been trading for a number of years with staff facilities to the lower ground floor including a staff room and WC.

Services

The property benefits from water and electric utilities.

The Business

The business has been trading for a number of years and currently has five stations with two backwashes in its current layout. The business is currently producing a net income of circa £17,000 per annum and has avenues to expand and develop.

Size

This accommodation has a Net Internal Area of 59 m2 (634 ft2).

Terms

Our clients business is for sale for £30,000 with the lease being assigned to the buyer for a term of two years commencing in 2016. The Tenant has an option to determine the lease subject to three months notice at any time throughout the lease. The annual rental is £5,500.

Prospective purchasers are advised to seek legal advice surrounding lease assignments.

Rateable Value

We have been advised that the rateable value for the property is £7,800.

Viewing

Viewing is strictly by appointment only, and no approaches must be made directly to the business. To discuss and arrange an appointment to view, please contact the sole letting agent, Dawsons on the contact details below:

Andrew Cox
01792 478 907
andrew.cox@dawsonsproperty.co.uk

Matthew Mason
01792 478 908
matthew.mason@dawsonsproperty.co.uk