Retail property (high street) for sale

The subject premises comprises a self-contained ground floor retail unit previously occupied for use as a barbers, which is situated along a prominent main road position along the edge of Swansea city centre within the suburb of Townhill.

Internally, the subject premises accommodates the main sales area to the front, which can be accessed directly off the main pedestrian walkway via a standard sales display window and entrance, with a net frontage of approximately 5.26m. The main sales area is also supported by ancillary accommodation, comprising a small store area, treatment room and w.c. facilities, which are situated directly to the rear.

We note that the subject premises does not benefit from any external areas or designated parking but we advise that adequate on street parking is available within the immediate vicinity.

Description - The subject premises comprises a recently refurbished self-contained ground floor retail unit currently occupied for use as a barbers, which is situated along a prominent main road position along the edge of Swansea city centre within the suburb of Townhill.

Internally, the subject premises accommodates the main sales area to the front, which can be accessed directly off the main pedestrian walkway via a standard sales display window and entrance, with a net frontage of approximately 5.26m. The main sales area is also supported by ancillary accommodation, comprising a small store/ wash area, staff kitchen and w.c. facilities, which are situated directly to the rear.

We note that the subject premises does not benefit from any external areas or designated parking but we advise that adequate on street parking is available within the immediate vicinity.

Location - The subject premises is located along a prominent main road position, facing Penygraig Road within the suburb of Townhill.

Townhill is a residential and commercial suburb, along the edge of Swansea City Centre, approximately half a mile away in a northerly direction.

The immediate vicinity forms part of a block of similar retail units, comprising an independent coffee shop, post office, hot food takeaway and a convenience store.

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

GROUND FLOOR

Net Internal Area: 44.36 sq.m (477.49 sq. ft.)

Sales Area: 32.79 sq.m (352.95 sq. ft.)

Shop Depth: 6.33m (20’9”)

Internal Width: 5.38m (17’8”)

Ancillary: 11.57 sq.m (124.53 sq. ft.)
which briefly comprises the following

Wash Room: 2.12m x 1.87m

Staff Kitchen: 2.86m x 2.95m

W.C. Facilities

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

Rateable Value (2023) £5,200

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 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 100% small business rates relief (subject to satisfying 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 .

Vat - All figures quoted are exclusive of VAT. Our client reserves the right to levy VAT on this transaction (where applicable).

Terms & Tenure - Our client's interest is available for sale with vacant possession, held on a Long Leasehold for a term of 99 years from 4th February 2005 at a peppercorn ground rent.

Viewing - By appointment with Sole Agents:

Astleys Chartered Surveyors
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