Description
The subject premises comprises a mid-terraced two-storey retail unit, currently occupied for use as a flooring showroom and retail store (A1 Use Class), measuring approximately 147.55 sq.m (1,588.22 sq. ft.) in total, which is located along a prominent main road position along the prime retail area and established high street location of Gorseinon town centre.
We note that the subject premises benefits from the main sales area with a shop depth of approximately 12.48m, which can be accessed via a standard sales display entrance and window over the front elevation. The main sales area is also supported by ancillary accommodation to the rear, which appears to have been subdivided in part to accommodate two storage rooms, staff w.c. facilities and a small loading area with external access to the rear. The remaining accommodation arranged over the first floor comprises additional storage, which can be accessed internally to the rear of the main sales area.
Externally, the subject premises can also be accessed off an unmade lane to the rear, which leads to a small open parking area for approximately 1-2 vehicles.Location
The subject premises is situated directly off High Street which is the prime retail area and main thoroughfare within Gorseinon town centre.
The immediate vicinity is occupied by a variety of mainly local businesses including retail, cafeterias, hairdressers and convenience stores, while established occupiers along the main high street include JD Wetherspoon, Lloyds Bank, Specsavers and Jenkins Bakery. Occupancy levels along High Street are generally good and Gorseinon appears to be a well supported community.
Gorseinon is located approximately 6.3 miles north-west of Swansea City Centre and is approximately 2 miles from junction 47 of the M4 motorway in an easterly direction.Accommodation Comprises
The property provides the following approximate dimensions and areas:
GROUND FLOOR
Net Internal Area: 105.71 sq.m (1,137.87 sq. ft.)
Sales Area: 59.62 sq.m (641.74 sq. ft.)
Shop Depth: 12.48m (40’11”)
Net Frontage: 4.62m (15’2”)
Sales (ITZA): 43.94 sq.m (472.97 sq. ft.)
Ancillary : 46.09 sq.m (496.11 sq. ft.)
which briefly comprises the following.
Main Stores: 4.56m x 10.41m (max)
with sink drainer, internal stairwell to first floor, access to.
Store Room: 2.85m x 4.63m
Loading Area: 1.63m x 1.97m
With set of loading doors to rear, access to.
W.C. Facilities
comprising separate ladies and gents toilet cubicles.
FIRST FLOOR
Net Internal Area: 41.84 sq.m (450.46 sq. ft.)
which briefly comprises the following.
Landing: 2.51m x 3.46m
with internal stairwell to ground floor, fire escape door to rear, access to.
Corridor: 1.70m x 3.79m
Store Room 1: 3.05m x 3.40m
Store Room 2: 4.84m x 3.38mRates
As stated on the VOA website the Rateable Value for the subject premises is as follows:
Rateable Value (2023): £6,400
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 in Wales 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
Please be advised that all figures quoted are exclusive of VAT (if applicable).
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).
Viewing
By appointment with Sole Agents:
Astleys Chartered Surveyors
Tel: 01792 479 850
Email: commercial@astleys.net
High Street, Gorseinon, Swansea
Per Annum £11,500
Size available
Property size 1,588 sqft
Property Description
The subject premises comprises a mid-terraced two-storey retail unit, currently occupied for use as a flooring showroom and retail store (A1 Use Class), measuring approximately 147.55 sq.m (1,588.22 sq. ft.) in total, which is located along a prominent main road position along the prime retail area and established high street location of Gorseinon town centre.
We note that the subject premises benefits from the main sales area with a shop depth of approximately 12.48m, which can be accessed via a standard sales display entrance and window over the front elevation. The main sales area is also supported by ancillary accommodation to the rear, which appears to have been subdivided in part to accommodate two storage rooms, staff w.c. facilities and a small loading area with external access to the rear. The remaining accommodation arranged over the first floor comprises additional storage, which can be accessed internally to the rear of the main sales area.
Externally, the subject premises can also be accessed off an unmade lane to the rear, which leads to a small open parking area for approximately 1-2 vehicles.