Retail property (high street) for sale
Property description & features
- Tenure: Freehold
- Large detached retail unit within an established trading position
- 202.46 sq.m (2,179.27 sq. ft.) arranged over three floors
- Potential for development with lapsed planning for 4 no. s/c flats (ref: 2013/0953)
- Edge of swansea city centre within close proximity to main sketty intersection (a4216)
We note that the property comprises a double fronted ground floor retail unit, subdivided to accommodate the main sales area which can be accessed off the main pedestrian walkway to the front via standard sales display entrance, with an ancillary sales accommodation over the remaining section of the building, to the left hand side of the main sales area.
The main retail area is also supported by ancillary storage accommodation, arranged over the upper floor, which is currently inaccessible, with additional storage rooms and and staff w.c. facilities over the basement/ lower ground floor. We also note that the lower ground floor can be accessed independently to the rear over the enclosed courtyard area.
We advise that the subject premises is currently presented in a shell condition and in need of reinstatement throughout but note that the building benefits from separate electricity supply over No’s 42 and 43, which has the potential to be sub-divided further (subject to planning).
We further advise that the subject premises was previously refused planning permission for the change of use from retail (Class A1) to four flats (Class C3) on 18th October 2013 (Ref: 2013/0953), which was subsequently granted on appeal on 5th September 2014. We also advise that the planning permission has since lapsed.
Description - The subject property comprises a detached, three storey, commercial premises measuring approximately 202.46 sq.m (2,179.27 sq. ft.) in total, which was previously occupied for use as an independent family run grocery store, situated within the popular suburb of Sketty.
We note that the property comprises a double fronted ground floor retail unit, subdivided to accommodate the main sales area which can be accessed off the main pedestrian walkway to the front via standard sales display entrance, with an ancillary sales accommodation over the remaining section of the building, to the left hand side of the main sales area.
The main retail area is also supported by ancillary storage accommodation, arranged over the upper floor, which is currently inaccessible. The first floor is split into two open plan rooms, which would have originally been accessed internally via two separate internal stairwells over each ground floor area. The remaining accommodation arranged over the lower ground floor also accommodates ancillary storage accommodation, comprising various storage rooms and staff w.c. facilities. We also note that the lower ground floor can be accessed independently to the rear over the enclosed courtyard area.
We advise that the subject premises is currently presented in a shell condition and in need of reinstatement throughout but note that the building benefits from separate electricity supply over No’s 42 and 43, which has the potential to be sub-divided further (subject to planning).
We further advise that the subject premises was previously refused planning permission for the change of use from retail (Class A1) to four flats (Class C3) on 18th October 2013 (Ref: 2013/0953), which was subsequently granted on appeal on 5th September 2014. We also advise that the planning permission has since lapsed.
Location - The property is situated directly off Coed Saeson Crescent within Sketty, which is a sought after urban district located approximately 1.5 miles west from the main shopping streets of Swansea City Centre.
Neighbouring occupiers within a short walking distance to the subject premises include various independent businesses such as hairdressers, bakers, clothes shops, restaurants, hot food takeaways, etc. together with a number of established occupiers such as Tesco Express and the Cooperative, all of which are positioned just off the main intersection along Gower Road (approximately 200 metres away).
The property is considered to be reasonably well situated, which affords good lines of communication via the main A4216 (Vivian Road) and the A4118 (Gower Road) both of which are within the immediate vicinity of the subject premises.
Accommodation - The subject premises affords the following approximate dimensions and areas:
GROUND FLOOR
Sales Area: 84.07 sq.m (904.92 sq. ft.)
Shop Depth (max): 10.62m (34’10”)
Net Frontage: 8.16m (26’9”)
FIRST FLOOR
Ancillary: 66.69 sq.m (717.85 sq. ft.)
which briefly comprises the following.
Store Area (Right): 4.21m x 8.93m
Store Area (Left): 4.10m x 8.93m
LOWER GROUND FLOOR
Ancillary: 51.70 sq.m (556.49 sq. ft.)
which briefly comprises the following.
Store Room 1: 3.73m (max) x 5.37m
with stairs to ground floor, access to.
Store Room 2: 1.62m x 2.91m
Store Room 3: 2.22m x 2.86m
Central Corridor: 2.98m x 2.34m
with doors to.
W.C. Facilities
with two separate toilet cubicles
Store Room 5: 3.89m x 2.64m
Rear Corridor: 0.95mx 5.69m
with door to rear courtyard.
Rates - As stated on the VOA website the Rateable Value for the subject premises currently holds a Nil Value, which is designated as currently undergoing reconstruction.
From April 2018 the Welsh Government set the multiplier according to the Consumer Price Index (CPI) and for the financial year 2024/25 the multiplier will be 0.562.
Rates relief for small business in Wales 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 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 (if applicable).
Terms And Tenure - The subject premises is available Freehold with vacant possession.
Viewing - By appointment with Sole Agents:
Astleys Chartered Surveyors
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Property information from this agent
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