Description
The subject premises comprises a large ground floor retail/ office unit situated along a prominent main road position within Swansea City Centre.
The premises can be accessed off the main pedestrian walkway to the front, via a communal entrance foyer, providing access onto two open offices rooms, which is supported by ancillary offices, customer and staff w.c. facilities and a staff kitchen.
We also advise that the subject premises can be sub-divided further to accommodate much smaller office suites ranging from 51.00 sq.m (548.96 sq. ft.) and 123.43 sq.m (1,328.60 sq. ft.) subject to prior negotiations.Location
The subject premises is situated along Mansel Street, which is situated along the fringe of Swansea City Centre and within a short walking distance to the primary retail area of Oxford Street.
The immediate area provides for a mixture of office accommodation for professionals such as Chartered Surveyors, Estate Agents, Accountants, Financial Advisers and Solicitors, as well as general retailing and residential accommodation.Accommodation Comprises
The property provides the following approximate dimensions and areas:
GROUND FLOOR
Net Internal Area: 174.43 sq.m (1,877.56 sq. ft.)
Communal Entrance Foyer
with doors to.
Main Office Reception: 39.85 sq.m (428.94 sq. ft.)
4.03m x 11.23m
Managers Office: 11.15 sq.m (120.01 sq. ft.)
3.52m x 4.14m
Classroom: 51.23 sq.m (551.43 sq. ft.)
4.13m x 14.12m
Customer W.C. Facilities
comprising three toilet cubicles
Disabled W.C. Facilities
Store/ Server Room: 7.75 sq.m (83.42 sq. ft.)
1.73m x 4.48m
Rear Admin Room: 41.78 sq.m (449.71 sq. ft.)
6.01m x 7.51m
Staff Kitchen: 23.27 sq.m (250.47 sq. ft.)
4.08m x 6.03mRates
We advise that the ground floor accommodation has yet to be rated separately.
Based on the information contained within the existing Summary Valuation we advise that the Rateable Value for the subject premises equates to £8,675 per annum.
From April 2018 the Welsh Government set the multiplier according to the Consumer Price Index (CPI) and for the financial year 2020-21 the multiplier will be 0.535.
Rates relief for small businesses in Wales will apply up to 31st March 2019. Rates relief for small business with a rateable value up to £6000 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 transaction (if applicable).
Terms & 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
Mansel Street, Swansea
Per Annum £18,000
Size available
Property size 1,877 sqft
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Property Description
The subject premises comprises a large ground floor retail/ office unit situated along a prominent main road position within Swansea City Centre.
The premises can be accessed off the main pedestrian walkway to the front, via a communal entrance foyer, providing access onto two open offices rooms, which is supported by ancillary offices, customer and staff w.c. facilities and a staff kitchen.
We also advise that the subject premises can be sub-divided further to accommodate much smaller office suites ranging from 51.00 sq.m (548.96 sq. ft.) and 123.43 sq.m (1,328.60 sq. ft.) subject to prior negotiations.