MapGuide price
£190,000Terraced house for sale
The Kingsway, Swansea SA1
Auction
Terraced house
1,883 sq ft / 175 sq m
Key information
Tenure: Leasehold | 101 yrs left
Ground rent: £2,000 per annum | review period: unconfirmed
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Tenure: Leasehold (101 years remaining)
FOR SALE BY PUBLIC AUCTION: The auction will take place online on 10th December 2024 at 05:00 PM with registration through our website.
Three storey commercial property with occupied A3 ground floor unit. Vacant first and second floor commercial space. Good Investment Opportunity located on the ever popular Kingsway within City Centre of Swansea.
Description
Multi Purpose Building with A3 ground floor commercial unit with vacant first and second floor commercial space. Good Investment Opportunity located on the ever popular Kingsway within City Centre of Swansea. The upper floors could be suitable for residential development in this popular area, subject to any necessary consents.
The ground floor A3 premises is currently being tenanted by a popular Noodle Bar. The takeaway comprises of seating area throughout with a serving area and kitchen to the middle and rear. There are also WC and storage. The first and second floors are currently vacant, but were previously occupied by a popular Barber. The first floor and second floor comprises of a mixture of open salon space, offices, stores with kitchen and WC's.
Ground floor A3 premises is currently let on 15 year lease from 2022 at £12,000 pa. First & Second floor commercial previously let for £8,400. (Previous informed total income of £20,400 pa. IG Yield 10.7%).
Situated amongst a variety of shops on The Kingsway, Swansea, this premises occupies a prominent kerbside trading position. The building is situated in a prominent location right in the centre of The Kingsway and in brief comprises of a ground floor commercial A3 premises, along with first and second floor commercial space.
Accommodation
GF - Occupied A3 Commercial Unit. Kitchen, stores. WC.
FF - Vacant front and rear salon space. WC.
SF - Vacant salon space, office, stores. WC
Informed Leasehold please refer to legal pack for verification of tenure
Additional Fees
Buyer’s Premium – 1.2% with a minimum of 1,200.00 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion.
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Further Information
Auctioneers Office, Seel and Co[use Contact Agent Button]
Viewing
Viewing by appointment with Seel and Co
Three storey commercial property with occupied A3 ground floor unit. Vacant first and second floor commercial space. Good Investment Opportunity located on the ever popular Kingsway within City Centre of Swansea.
Description
Multi Purpose Building with A3 ground floor commercial unit with vacant first and second floor commercial space. Good Investment Opportunity located on the ever popular Kingsway within City Centre of Swansea. The upper floors could be suitable for residential development in this popular area, subject to any necessary consents.
The ground floor A3 premises is currently being tenanted by a popular Noodle Bar. The takeaway comprises of seating area throughout with a serving area and kitchen to the middle and rear. There are also WC and storage. The first and second floors are currently vacant, but were previously occupied by a popular Barber. The first floor and second floor comprises of a mixture of open salon space, offices, stores with kitchen and WC's.
Ground floor A3 premises is currently let on 15 year lease from 2022 at £12,000 pa. First & Second floor commercial previously let for £8,400. (Previous informed total income of £20,400 pa. IG Yield 10.7%).
Situated amongst a variety of shops on The Kingsway, Swansea, this premises occupies a prominent kerbside trading position. The building is situated in a prominent location right in the centre of The Kingsway and in brief comprises of a ground floor commercial A3 premises, along with first and second floor commercial space.
Accommodation
GF - Occupied A3 Commercial Unit. Kitchen, stores. WC.
FF - Vacant front and rear salon space. WC.
SF - Vacant salon space, office, stores. WC
Informed Leasehold please refer to legal pack for verification of tenure
Additional Fees
Buyer’s Premium – 1.2% with a minimum of 1,200.00 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion.
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Further Information
Auctioneers Office, Seel and Co[use Contact Agent Button]
Viewing
Viewing by appointment with Seel and Co
About this agent
Welcome to different Established in 1898, we are one of the largest independent property specialists, estate agents and chartered surveyors in Cardiff and South Wales. Our family run business is built on traditional values delivered with a modern approach and great service. Whether you are a seller or buyer, renting or a landlord, leasehold owner or management company we offer all the advice and services you could need under one roof. We like to think that, for property in Cardiff and across South Wales, it must be Seel & Co.
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