1273 sq. ft (118 m²)
Description
Internally, the accommodation provides a predominantly open-plan sales area, together with rear storage accommodation, WC facilities and a small first-floor office accessed via an internal staircase.
The unit was previously occupied as a convenience store and retains various fixtures and fittings associated with its former use, including retail shelving, suspended ceilings with integrated lighting, CCTV and ceiling-mounted air-conditioning.
Rear servicing and loading access is available from the adjoining side lane via a roller-shutter door.
The premises provides a total ground-floor net internal area of approximately 104.50 sq.m (1,125.80 sq. ft.), together with a first-floor office extending to approximately 13.78 sq.m (148.35 sq. ft.).
The premises is suitable for a range of alternative retail or commercial uses, subject to the necessary statutory consents. Please be advised that convenience store and vape shop uses will not be permitted.
Description - The property comprises a ground-floor retail unit forming part of a two-storey, end-terraced mixed-use building, measuring approximately 118,28 sq.m (1,273.16 sq. ft.) in total. The premises occupy a prominent position along Port Tennant Road and benefit from an extensive glazed shopfront, including a return frontage adjoining the side access lane.
Internally, the accommodation provides a predominantly open-plan sales area, together with rear storage accommodation, WC facilities and a small first-floor office accessed via an internal staircase.
The unit was previously occupied as a convenience store and retains various fixtures and fittings associated with its former use, including retail shelving, suspended ceilings with integrated lighting, CCTV and ceiling-mounted air-conditioning.
Rear servicing and loading access is available from the adjoining side lane via a roller-shutter door.
The premises provides a total ground-floor net internal area of approximately 104.50 sq.m (1,125.80 sq. ft.), together with a first-floor office extending to approximately 13.78 sq.m (148.35 sq. ft.).
The premises is suitable for a range of alternative retail or commercial uses, subject to the necessary statutory consents. Please be advised that convenience store and vape shop uses will not be permitted.
Location - The property is situated fronting Port Tennant Road in the Port Tennant area of Swansea. Port Tennant is a popular residential and commercial suburb, along the edge of Swansea City Centre, approximately 1 mile away in a westerly direction.
The premises is located along a parade of established retail units, comprising a range of occupiers such as hairdressers, convenience stores, restaurants, hot food takeaways and professional offices.
We also advise that the subject premises is within close proximity to the £200 million SA1 Waterfront development, which includes established occupiers such as Admiral, The Village Hotel, Premier Inn and Tesco.
Accommodation - The subject property affords the following approximate dimensions and areas:
GROUND FLOOR
Net Internal Area: 104.50 sq.m (1,124.83 sq. ft.)
Sales Area: 80.95 sq.m (871.34 sq. ft.)
Sales (ITZA): 50.01 sq.m (538.35 sq. ft.)
Shop Depth: 16.59m (54'5")
Net Frontage: 4.88m (16'0")
Ancillary: 23.64 sq.m (254.46 sq. ft.)
which briefly comprises the following.
Store Area: 0.95m x 0.95m
with sink unit, access to.
W.C. Facilities
comprising a single toilet cubicle.
Rear Store Area: 3.02m x 2.33m
With access to.
Loading Area: 5.61m x 3.01m
with open staircase to first floor, roller shutter loading door with access to side lane.
FIRST FLOOR
Net Internal Area: 13.78 sq.m (148.32 sq. ft.)
Office: 5.27m x 2.95m
accessed via an internal stairwell off the rear loading area.
Rates - As stated on the VOA website the Rateable Value for the subject premises is as follows:
Rateable Value (2023): £7,900
From April 2018 the Welsh Government set the multiplier according to the Consumer Price Index (CPI) and for the financial year 2026-27 the multiplier will be as follows.
.A retail multiplier of 0.350, applicable to small to medium sized retail shops with a rateable value below £51,000.
.A standard multiplier of 0.502, applicable to most other properties.
.A higher multiplier of 0.515, applicable to properties with a rateable value above £100,000.
Rates relief for small business with a rateable value up to £6,000 will receive 100% relief and those with a rateable value between £6,001 and £12,000 will receive relief that will be reduced on a tapered basis from 100% to zero.
We therefore advise that the subject premises is eligible for small business rates relief, subject to satisfy the necessary criteria.
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 (where applicable).
Terms And Tenure - Our client's interest is available by the way of a new effective Full Repairing and Insuring Lease (under terms to be negotiated).
Viewing - By appointment with Sole Agents:
Astleys Chartered Surveyors
Tel: 01792 479 850
Email: [email protected]
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