Retail for sale

The subject premises comprises a mid-terraced, two storey, commercial property, which is currently occupied for use as retail (A1/A2 Use Class) with ancillary accommodation to the rear and upper floors.
The main sales area, equating to approximately 35.15 sq.m (378.35 sq. ft.), can be accessed directly off the main pedestrianised walkway to the front via a standard sales display window, which benefits from a shop depth of approximately 11.72m. The majority of the ancillary accommodation to the rear and upper floors comprise various size cellular rooms.
The property occupies the majority of the site with the exception of a small courtyard to the rear, which forms a means of escape over the ground floor.
Description - The subject premises comprises a mid-terraced, two storey, commercial property, which is currently occupied for use as retail unit (A1 Use Class) with ancillary accommodation to the rear and upper floors.
The main sales area, equating to approximately 77.44 sq.m (833.56 sq. ft.), can be accessed directly off the main pedestrianised walkway to the front via a standard sales display window, which benefits from a shop depth of approximately 15.70m. The majority of the ancillary areas to the rear and upper floors comprises predominantly storage accommodation, which is supported by staff kitchen and w.c. facilities.
Designated parking is also available over a small enclosed compound, which can be accessed directly off the service lane (Picton Lane) to the rear, providing designated parking for approximately 2 vehicles in total.
We also note that the subject premises is currently occupied and tenanted in its entirety by Cancer Research UK, producing a current rent passing of £20,000 per annum (exclusive). However, we have been advised that the Tenant has served notice to vacate the premises, with effect on 13th February 2026.
Location - The property is situated within Swansea City Centre, fronting Union Street, within a primary retail location.
The subject premises is well position within the immediate proximity of the pedestrianised prime shopping core, which also accommodates a range of established occupiers such as Halifax, Ladbrokes, Subway, Paddy Power and Monmouthsire Building Society.
The subject property is well placed within the City Centre, close to the prime area and benefits from a good level of passing trade. The property is therefore considered to be well situated for its existing use as a retail unit.
Swansea has a population of some 240,000 and has a popular, expanding University. There is also a mainline railway station close by.
Accommodation - The subject premises affords the following approximate dimensions and areas:
GROUND FLOOR
Net Internal Area: 92.71 sq.m (997.93 sq. ft.)
Sales Area: 77.44 sq.m (883.56 sq. ft.)
Sales (ITZA): 45.32 sq.m (487.90 sq. ft.)
Shop Depth: 15.70m (51'6")
Net Frontage: 4.57m (15'0")
Ancillary: 15.27 sq.m (164.36 sq. ft.)
which briefly comprises the following.
Rear Corridor
with fire escape door to the rear, stairs to first floor, door to.
Office: 3.37m (max) x 5.92m (max)
Under Stairs Store: 1.90m x 0.80m
FIRST FLOOR
Net Internal Area: 78.66 sq.m (846.69 sq. ft.)
Staff Room: 4.61m x 3.56m
with door to.
Store Room: 0.98m x 2.13m
Staff W.C. Facilities
comprising separate ladies and gents toilet cubicles.
Store Area: 5.30m x 11.62m
Rates - As stated on the VOA website the Rateable Value for the subject premises is as follows:
Rateable Value (2023): £21,250
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 - Please be advised that a figures quoted are exclusive of VAT (if applicable).
Terms And Tenure - The premises is available Freehold with vacant possession.
Viewing - By appointment with Sole Agents:
Astleys Chartered Surveyors
Tel: 01792 479 850
Email: [email protected]