Description
The property comprises a self-contained, modern office suite, which is located predominantly on the first floor.
We note that the premises can be accessed via a small ground floor entrance foyer and internal stairwell over the front elevation. The main office suite generally comprises an open plan layout, which has been subdivided in part to accommodate three smaller individual office rooms. The remaining accommodation located to the rear of the building comprises staff kitchen and toilet facilities, together with a single storage room
We further advise that the office suite has been refurbished to a good quality specification throughout, which also benefits from an intercom entry system, a fully integrated fire alarm and security alarm system, adequate data cabling/ Wi-Fi connectivity, a gas fired central heating system and various wall mounted air conditioning units.Location
The subject premises is located directly off Vaughan Thomas Lane, which is an ancillary access road to rear of Walter Road.
Walter Road is located along the periphery of the Swansea City Centre, which is less than ½ mile distant. All expected services and amenities are within easy reach. The Walter Road area of Swansea is the traditional professional district. The Victorian housing stock has, in the main, historically been converted into offices. There are also some retail users and some of the properties in the vicinity have more recently been converted into Housing in Multiple Occupation.
Swansea is a waterfront City and is the economic centre of the South West Wales region. It has a modern service sector dominated economy and is home to a wide range of national and international companies. The population of the City and County of Swansea is currently estimated at 239,000 (2001 Census) 8% of the total population of Wales. The City has good road and rail links and is connected to the motorway network via the M4.Accommodation Comprises
The subject premises affords the following approximate dimensions and areas.
GROUND FLOOR
Entrance Foyer
with stairwell to first floor.
FIRST FLOOR
Net Internal Area: 84.86 sq.m (913.43 sq. ft.)
Main Office Area: 4.92m x 6.54m
comprising an open plan layout, with access to.
Meeting Room: 3.50m x 4.49m
Office Room 1: 2.18m x 4.58m
Office Room 2: 3.26m (max) x 2.71m
Staff Kitchen: 2.74m x 3.01m
with door to.
W.C. Facilities
Store Room: 2.07m x 3.17mRates
As stated on the VOA website the Rateable Value for the subject premises is as follows:
Rateable Value (2023): £6,800
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 www.voa.gov.uk.VAT
All figures quoted are exclusive of VAT (where applicable). Our client reserves the right to levy VAT on this proposed transaction.
Terms and Tenure
Our client's interest is available by the way of a new effective full repairing and insuring lease (under terms to be negotiated).
Based on the proposed asking price enclosed, parking is excluded but is also available upon separate negotiation.Viewing
By appointment with Sole Agents:
Astleys Chartered Surveyors
Tel: 01792 479 850
Email: commercial@astleys.net
15 Vaughan Thomas Lane, Swansea
Per Annum £9,500
Size available
Property size 913 sqft
Property Description
The property comprises a self-contained, modern office suite, which is located predominantly on the first floor.
We note that the premises can be accessed via a small ground floor entrance foyer and internal stairwell over the front elevation. The main office suite generally comprises an open plan layout, which has been subdivided in part to accommodate three smaller individual office rooms. The remaining accommodation located to the rear of the building comprises staff kitchen and toilet facilities, together with a single storage room
We further advise that the office suite has been refurbished to a good quality specification throughout, which also benefits from an intercom entry system, a fully integrated fire alarm and security alarm system, adequate data cabling/ Wi-Fi connectivity, a gas fired central heating system and various wall mounted air conditioning units.
The first floor office suite also benefits from designated car parking facilities over the open compound to the west, for approximately two designated parking spaces in total.