Situation
This mixed-use investment opportunity comprises of a ground floor commercial space and 2 residential properties. The premises is situated on Newton Road, The Mumbles. The Mumbles is a popular tourist area and is approximately 4 miles from Swansea City Centre. Local occupiers include bars, coffee shops, popular local boutiques and national occupiers including Tesco, Marks and Spencer and Greggs.
Description
Briefly, this accommodation comprises a ground floor commercial premises, currently tenanted by a well-known Bar.
The 2 residential dwellings are both two bedroom which have been renovated to a high standard.
Size
This Ground floor unit has a Gross Internal Area (GIA): 88 Sqm (947 Sq ft)
First Floor Flat 1 GIA: 81 Sqm (871 Sq ft)
Ground Floor Maisonette GIA: 57 Sqm (613 Sq ft)
Services
We understand that the property benefits from all mains services. Please note that these were not tested during the course of our inspection.
Terms
The Freehold interest is For Sale.
There is a current long leasehold for the whole premises on a 15-year lease from 2022 with a rent of £28,200 per annum.
Viewing
Please contact Dawsons Commercial on the contact details below to arrange a viewing:
Marcus Man
01792 478908
marcus.man@dawsonsproperty.co.uk
Joe Demarco
01792 478907
joe.demarco@dawsonsproperty.co.uk