Description
We note that the subject premises can be accessed directly off the main pedestrian walkway to the front, via a standard sales display entrance window, providing access over the main sales area which benefits from a shop depth of 21.56m.
The main sales area is also supported by ancillary accommodation throughout the remaining floor areas, comprising various storage/ office rooms, a staff kitchen and w.c. facilities, etc. over the majority of the upper floors.
Description - The subject property comprises a mid-terraced four storey commercial building, currently occupied for use as a retail unit and tattoo studio (previously occupied by Blue Banana), which is situated along an established high street location along the pedestrianised area of Queen Street, within Cardiff city centre.
We note that the subject premises can be accessed directly off the main pedestrian walkway to the front, via a standard sales display entrance window, providing access over the main sales area which benefits from a shop depth of 21.56m.
The main sales area is also supported by ancillary accommodation throughout the remaining floor areas, comprising various storage/ office rooms, a staff kitchen and w.c. facilities, etc. over the majority of the upper floors.
Location - The property is situated within Swansea City Centre with the property having a frontage to The Kingsway and Union Street.
Swansea City Centre and furthermore the immediate vicinity is currently undergoing a programme of regeneration, with Swansea Council currently in the process of creating a new hi-tec office development in the former Oceania Nightclub site, along 71 & 72 The Kingsway. The scheme will feature flexible core working and office opportunities for innovative tech, digital and creative sector business. The former Barclays Bank premises at 69 & 70 The Kingsway will also be transformed into new style flexible works space.
Accommodation - The subject premises affords the approximate dimensions and areas.
GROUND FLOOR
Sales Area: 116.33 sq.m (1,252.17 sq. ft.)
Shop Depth (max): 21.56m (70'9")
Internal Width (max): 5.01m (16'5")
Sales (ITZA): 54.48 sq.m (586.42 sq. ft.)
FIRST FLOOR
Ancillary: 38.22 sq.m (411.44 sq. ft.)
which briefly comprises the following.
Store Room: 5.09m x 6.50m
Staff Kitchen: 1.54m x 3.47m
Staff W.C. Facilities
SECOND FLOOR
Ancillary: 59.10 sq.m (636.15 sq. ft.)
which briefly comprises the following.
Store Room: 5.03m x 9.31m
Store Room/ Office: 2.60m x 2.67m
Store Cupboard: 1.01m x 2.46m
THIRD FLOOR
Ancillary: 46.83 sq.m (504.15 sq. ft.)
which briefly comprises the following.
Store Area 1: 2.51m x 10.10m
Store Area 2: 2.44m x 9.88m
Rates - As stated on the VOA website the Rateable Value for the subject premises is as follows:
Rateable Value (2026): £46,750
From April 2018 the Welsh Government set the multiplier according to the Consumer Price Index (CPI) and for the financial year 2025-26 the multiplier will be 0.568.
We advise that all enquiries should be made with the Local Authority Rates Department to verify this information. For further information visit www.voa.gov.uk.
Vat - All figures quoted are exclusive of VAT. Our client reserves the right to levy VAT on this transaction (where applicable).
Terms And Tenure - The subject premises is available by the way of a new effective full repairing and insuring lease, under terms to be negotiated.
Viewing - By appointment with Agents:
Astleys Chartered Surveyors
Tel: 01792 479 850
Email: [email protected]
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