No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£75,000 | 477 sq ft
Added < 7 days

Retail property (high street) for sale

Penygraig Road, Swansea
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Retail property (high street)
0 bed
0 bath
477 sq ft / 44 sq m

Property description & features

  • Tenure: Leasehold (80 years remaining)
  • Self contained ground floor retail unit
  • Net internal area 44.36 sq.m (477.49 sq. ft.)
  • Prominent main road position less than 1 mile from the city centre
  • Recently refurbished throughout
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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    Astleys is a member of the Royal Institution of Chartered Surveyors (RICS) and is one of South West Wales’ leading firms of Chartered Surveyors, Auctioneers and Estate Agents. The firm has been established since 1863, which is run by a group of esteemed chartered surveyors with over 158 years of experience. We offer sound and professional advise covering all aspect of commercial property such as Agency, Acquisitions, Valuations, Rating, Rent Reviews, Dilapidations, Business Transfers and Licenced Trade. Astleys actively covers the commercial property market throughout South and  West Wales including areas such as Swansea, Neath, Port Talbot, Llanelli,  Bridgend, Ammanford, Carmarthenshire and Pembrokeshire.

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    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

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