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138 Port Tennant Road, Port Tennant, Swansea, SA1 8QJ

For Sale £ 160,000 For Sale
Port Tennant  SA1 8QJ Commercial Commercial Commercial Department » Print this page

Situation

Situated on Port Tennant Road, this two storey mid terrace premises is conveniently located close to the City Centre of Swansea and benefits from regular levels of passing trade. Port Tennant road is popular with both local and national covenants alike and is the main parade of commercial premises in Port Tennant.

Description

Briefly comprising a ground floor commercial A1 premises Let to a local covenant. The ground floor comprises a showroom with ancillary storage to the rear and WC facilities.

The first floor comprises a three bedroom flat with open plan kitchen and living accommodation and bathroom.

Leases

The Ground floor premises is currently Let at a passing rent of £5,280. Further lease terms are available upon request.

The First floor is producing an annual income of £4,800.

A Gross Initial Yield of 6.3% is potentially achievable.

Terms

Our clients Freehold interest in the premises is available at offers in the region of £160,000.

Rateable Value

We have been advised that the ground floor of the property has a rateable value of £8,400.

Viewing

To arrange a viewing or to discuss further, please contact the sole selling 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