NEW - 44 The Kingsway, Swansea, SA1 5HG
For Sale £ 30,000 For Sale
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.
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.
The property benefits from water and electric utilities.
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.
This accommodation has a Net Internal Area of 59 m2 (634 ft2).
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.
We have been advised that the rateable value for the property is £7,800.
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:
01792 478 907
01792 478 908