Key features
- RARE OPPORTUNITY TO PURCHASE A RETAIL PREMISES
- POSSIBLE CONVERSION TO RESIDENTIAL ON UPPER FLOORS (STANC)
- 128.87 SQ M (1,388 SQ FT)
- OFFERS IN THE REGION OF £325,000
Description
The property fronts the upper part of Newton Road, within the popular residential suburb of Mumbles, Swansea. Mumbles is located approximately 4 miles west of Swansea City Centre. Mumbles is the home to retails such as M&S, Tesco Express, Greggs, Joes Ice Cream and Peacocks.
DESCRIPTION
A terrace retail unit set on three floors, comprising of a three storey main building, a two-storey rear addition and two further single storey additions. Two car parking spaces exist to the rear of the property on a stack system.
ACCOMMODATION
Ground Floor
Front retail area: 34.20 sq m (368 sq ft)
Rear retail area: 21.97 sq m (237 sq ft)
Store: 5.66 sq m (61 sq ft)
First Floor
Front room: 18.82 sq m (203 sq ft)
Middle room: 11.20 sq m (121 sq ft)
Kitchen: 6.68 sq m (72 sq ft)
Second Floor
Front room: 19.15 sq m (206 sq ft)
Rear room: 11.19 sq m (120 sq ft)
Total: 128.87 sq m (1,388 sq ft)
RATEABLE VALUE
£11,250
UBR for Wales 2025/26 is 56.8p in the £.
TENURE
We have been informed the property is held freehold.
ASKING PRICE
Offers in the region of £325,000.
EPC
To be provided.
VAT
Our client reserves the right to charge vat on the sale price.
LEGAL COSTS
Each party to pay their own legal costs on this transaction.
ANTI MONEY LAUNDERING REGULATIONS
Regulations require checks on all prospective tenants/purchasers. Photo ID plus proof of address is required before a transaction can proceed. AML searches are outsourced to our partner Credas (Certified Digital Identity Verification Service).
Similar properties in the area
Retail to let
Unit 1 South Quay, Swansea Waterfront, Swansea SA1 8AH
The property compromises a ground floor steel frame unit, fronting onto the Prince of Wales Dock. A large glass front unit with aluminium frames. Open plan with shell finish for bathroom/kitchenette. The unit will be completed to a shell finish and not shops front to be added.
Retail to let
New Units at Dafen Business Quarter, Globe Row, Llanelli SA14 8PA
5264 sq. ft (489 m²)
The front showroom of the development is to be totally refurbished with smooth cladding and glazed panels and split into nine individual business units, aimed at the retail, A3 and trade counter market (STANC). The external area of the estate will be developed, and car parking will exist to either side of the main building.