73 Newton Road, Mumbles, Swansea, SA3 4BL
For Sale
£310,000
Brief Description
- For Sale or To Let
- Offers in Region of £310,000
- Commercial Premises
- Provides Good Annual Income
- Situated on a Popular Newton Road
Full Description
Situation
This commercial 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, previously used as Pebble clothing shop.
The ground floor comprises of an open showroom to the front, with an additional room in the middle. There are kitchen and WC facilities to the rear.
The first and second floors are currently being rented as offices.
Fully tenanted, this building has the potential to provide an annual income of £20,300 per annum.
Size
This unit has a Net Internal Area of 46.7 m2 (503 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 Leasehold interest in our client’s premises is available To Let by way of a new lease at an asking rent of £12,500 per annum.
The Freehold interest in out client's premises is available For Sale with offers in region of £310,000.
Lease terms are negotiable although we advise that a contribution towards the buildings insurance premium is payable in addition to the rent annually.
Terms are negotiable.
Rateable Value
Interested parties are encouraged to discuss the business rates with the Valuation Office directly, but we are advised the previous rateable value was £9,200.
Viewing
Please contact Dawsons Commercial on the contact details below to arrange a viewing
Lowri Williams
01792 478908
lowri.williams@dawsonsproperty.co.uk
Joe Demarco
01792 478907
joe.demarco@dawsonsproperty.co.uk