Commercial Retail

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Ref. 101 NEW - 128-131 Walter Road, Swansea, SA1 5RG

For Sale £ 45,000 For Sale
Swansea City Centre  SA1 5RG Retail Commercial Commercial Department » Print this page

Location

Situated on Walter Road, this premises forms part of Churchill Buildings recently renovated to an excellent standard. Walter Road is circa 10 minutes from the City Centre and benefits from businesses like Estate Agents, Solicitor Practices, and Accountancy Firms occupying on the Road.

Description

The premises briefly comprises a ground floor A3 café currently occupied by Pearls Coffee House. The premises has been decorated tastefully and benefits from male and female WC facilities, a basement for ancillary storage, a prep room and kitchen to the rear. The seating area can accommodate circa 50 guests.

The premises benefits from pumps for the serving of alcohol.

There is outdoor seating to the terrace at the front of the premises.

Sizes

The premises has a Net Internal Area of 129 m2 – 1,388 ft2.

Services

The premises benefits from mains water and electric utilities. No utilities were tested during the course of our inspection.

EPC

We understand the premises has a rating of “C”. A copy of the EPC and recommendations are available upon request.

Fixtures

The premises benefits from all fixtures and fittings that would normally be found in a café. A full list of fixtures is available upon request.

Rateable Value

We understand the commercial element of the premises has a rateable value of £10,000 (2018). Interested parties are advised to discuss the rates payable with the business rates department at the local authority.

Tenure

Our clients fixtures and fittings are available to purchase at an asking price of £45,000. The premises is available by way of lease assignment and we understand the passing rent is £12,000 pax. We further understand the lease provides for an uplift in the rent in stepped increase and has a residual term of 8 years.

Viewing

Strictly by appointment and under no circumstances must any approach be made directly to the occupier. Please contact the sole selling agents below to make an appointment.

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

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