Description
The subject property comprises a self-contained second floor office suite, which forms part of a much large multi-let Grade II Listed office building, located along a prominent corner position within the city centre.
Internally, the office suite comprises an open plan office area in the majority, which has been subdivided in part to accommodate a meeting room and two smaller office rooms. The office suite is also supported by ancillary accommodation, comprising staff kitchen and w.c. facilities, located off the main internal stairwell and landing area.Location
The subject premises is located off Princess Way within Swansea City Centre, within the immediate vicinity to the main retail areas of Oxford Street and Castle Square, which are approximately 200 metres away in a northerly direction.
The unit also benefits from good lines of communication via the main A4067, while the main bus depot and train station are within close proximity.Accommodation Comprises
The subject premises affords the following approximate dimensions and areas:
SECOND FLOOR
Net Internal Area: 135.05 sq.m (1,453.67 sq. ft.)
Staff Kitchen: 1.30m x 1.54m
W.C. Facilities
comprising two toilet cubicles.
Office/ Reception: 7.19m x 5.83m
with access to.
Office Area 1: 5.29m x 6.57m
Meeting Room: 6.29m x 4.40m
Office Room 2: 2.35m x 4.97m
with door to.
Office Room 3: 4.13m x 4.99mRates
As stated on the Valuation Office Agency (VOA) website the Rateable Value for the subject premises is as follows:
Rateable Value (2023): £7,400
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 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. Our client reserves the right to levy VAT on this proposed transaction.
Terms and Tenure
Our client's interest is available by way of a new effective internal repairing and insuring lease (under terms to be negotiated).
Vieiwngs
By appointment with Sole Agents:
Astleys Chartered Surveyors
Tel: 01792 479 850
Email: commercial@astleys.net
2-4 Princess Way, Swansea
Per Annum £7,950
Size available
Property size 1,453 sqft
Property Description
The subject property comprises a self-contained second floor office suite, which forms part of a much large multi-let Grade II Listed office building, located along a prominent corner position within the city centre.
Internally, the office suite comprises an open plan office area in the majority, which has been subdivided in part to accommodate a meeting room and two smaller office rooms. The office suite is also supported by ancillary accommodation, comprising staff kitchen and w.c. facilities, located off the main internal stairwell and landing area.