The subject premises comprises an end terraced two-storey mixed use property, which is currently occupied for use as a retail unit over the ground floor with a self-contained duplex residential apartment located to the rear over the ground and first floor. Ancillary accommodation in the form of a large single bay workshop and garage unit is also available to the rear, which can be accessed directly off Cambrian Place to the side elevation, via a single garage door or alternatively via a personnel door within the external courtyard to the rear of the ground floor retail unit.

Internally, the ground floor retail unit, which is currently let and occupied by a local independent business (trading as Crefftau Y Bont) comprises the main sales area with a shop depth of approximately 7.49m, which can be accessed directly off the main pedestrian walkway to the front. The remaining accommodation located directly to the rear of the main sales area comprises a small kitchenette and corridor, providing access to the rear courtyard. A small external toilet is also located within the rear courtyard.

We have been advised that the ground floor retail unit is currently occupied and let, producing a current rent passing of £70 per week (£3,640 per annum). However, we have been advised that the Tenant currently in-situ has served notice to vacate the unit.

The self-contained residential apartment, which can be accessed over the side elevation, off Cambrian Place comprises an entrance hall with access to the first floor, lounge and kitchen at the ground floor level. The remaining accommodation arranged over the upper floor comprises two bedrooms, two store rooms (including a walk-through store area) and the bathroom.

Description - The subject premises comprises an end terraced two-storey mixed use property, which is currently occupied for use as a retail unit over the ground floor with a self-contained duplex residential apartment located to the rear over the ground and first floor. Ancillary accommodation in the form of a large single bay workshop and garage unit is also available to the rear, which can be accessed directly off Cambrian Place to the side elevation, via a single garage door or alternatively via a personnel door within the external courtyard to the rear of the ground floor retail unit.

Internally, the ground floor retail unit, which is currently let and occupied by a local independent business (trading as Crefftau Y Bont) comprises the main sales area with a shop depth of approximately 7.49m, which can be accessed directly off the main pedestrian walkway to the front. The remaining accommodation located directly to the rear of the main sales area comprises a small kitchenette and corridor, providing access to the rear courtyard. A small external toilet is also located within the rear courtyard.

We have been advised that the ground floor retail unit is currently occupied and let, producing a current rent passing of £70 per week (£3,640 per annum). However, we have been advised that the Tenant currently in-situ has served notice to vacate the unit. We also advise that the rent passing prior to this occupational lease was at a slightly higher level, in the region of £90 per week (£4,680 per annum) in comparison.

The self-contained residential apartment, which can be accessed over the side elevation, off Cambrian Place comprises an entrance hall with access to the first floor, lounge and kitchen at the ground floor level. The remaining accommodation arranged over the upper floor comprises two bedrooms, two store rooms (including a walk-through store area) and the bathroom.

The subject premises is ideally located for its existing use with potential for redevelopment, more noticeably over the rear workshop area (subject to the necessary statutory consents) or alternatively the premises could be retained as an investment and sub-divided to accommodate three self-contained lettable units.

Location - Pontardulais is predominantly a residential suburb situated approximately 9 miles northwest of Swansea City Centre and within close proximity of Junction 48 of the M4 Motorway, approximately 1 mile away in a westerly direction.

The subject premises is situated along prominent position within the established high street location of St Teilo Street, which is the main retail thoroughfare within the town. The subject premises is also positioned within close proximity to the ancillary customer car park to Tesco Superstore, which appears to be the town's main supermarket.

A number of established local retailers are also located within close proximity to the subject premises.

Accommodation - The subject premises affords the following approximate dimensions and areas:

Commercial

GROUND FLOOR

Sales Area: 31.11 sq.m (334.86 sq. ft.)
accessed off the main pedestrian walkway to the front, subdivided to comprise two retail areas.

Shop Depth: 7.49m (24'7")

Internal Width: 5.01m (16'5")

Ancillary: 5.14 sq.m (55.32 sq. ft.)
which briefly comprises the following.

Store Area: 1.04m x 2.45m
with door to rear courtyard and door to.

Staff Kitchen: 1.06m x 2.45m

External W.C. Facilities
accessed off the rear courtyard

Storage/ Garage Unit: 46.77 sq.m (503.47 sq. ft.)
accessed independently over the side elevation, off Cambrian Place, via a single garage door or alternatively over the rear enclosed courtyard.

Residential

Gross Internal Area: 77.71 sq.m (836.47 sq. ft.)

GROUND FLOOR

Entrance Hallway: 2.0m x 3.62m
accessed over the side elevation, off Cambrian Place, with stairs to first floor, door to.

Lounge: 2.64m x 4.84m
with door to.

Kitchen: 2.99m x 2.80m

FIRST FLOOR

Landing

Bedroom 1 (Front): 4.99m x 3.74m

Bedroom 2: 3.08m x 3.45m

Walkthrough Store: 2.69m x 2.57m
with door to.

Bathroom
fitted with a three piece suite, with door to.

Store Room: 3.14m x 2.83m
with cupboard housing gas fired boiler.

Rates - As stated on the VOA website the Rateable Value for the subject premises is as follows:

Rateable Value (2023): £3,300

From April 2018 the Welsh Government set the multiplier according to the Consumer Price Index (CPI) and for the financial year 2022-23 the multiplier will be 0.535.

Rates relief for small businesses in Wales will apply up to 31st March 2020. Rates relief for small business with a rateable value up to £6000 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.

The residential accommodation is rated separately, which has a Council Tax Band of A.

We advise that all enquiries should be made with the Local Authority Rates Department to verify this information. For further information visit .

Vat - Please be advised that all figures quoted are exclusive of VAT (where applicable).

Terms And Tenure - The subject premises is available Freehold with vacant possession.

Viewing - By appointment with Sole Agents:

Astleys Chartered Surveyors
[use Contact Agent Button]
[use Contact Agent Button]