Commercial Retail

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NEW - 84 The Kingsway, Swansea, SA1 5JE

For Sale £ 78,500 For Sale
Swansea City Centre  SA1 5JE Retail Commercial Commercial Department » Print this page

Situation

Situated on The Kingsway, Swansea, this ground floor A3 premises occupies a prominent corner plot, close to Picton Arcade. The Kingsway itself is currently undergoing works and a private student development is being built opposite.

Description

The premises briefly comprises a spacious open plan seating area (able to cover 70), service and preparation area, ancillary stores, children’s play area, male and female WC facilities, and office. The premises benefits from rear access for loading purposes.

The premises is well fitted and benefits from almost new fixtures throughout. A list of fixtures is available upon request.

Services

The property benefits from mains water and electric utilities. Please note that during the course of our inspection, none of these were tested.

Terms

Our clients Leasehold interest in the premises is available by way of assignment at an asking premium of £78,500. The existing lease provides for a residual term of 13  years at a passing rent of £17,000 per annum. The lease further provides for a break option in 2 years.

Rateable Value

Parties are advised to discuss the rates payable with the local authority.

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