Description
The subject property comprises a self-contained ground floor office unit, which forms part of a much large multi-let office building, located along a prominent main road position within the city centre.
Internally, the office suite comprises an open plan office area, which has been subdivided in part to accommodate a small private office room. The office is also supported by ancillary accommodation, comprising w.c. facilities, located to the rear of the main office area.
The subject premises also benefits from an intercom entry system.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 property provides the following approximate dimensions and areas:
GROUND FLOOR
Net Internal Area/ IPMS (Offices): 42.94 sq.m (462.28 sq. ft.)
Main Office Area: 4.11m x 7.45m
Private Office: 3.32m x 2.63m
W.C. Facilities
comprising a single toilet cubicle.Rates
As stated on the VOA website the Rateable Value for the subject premises is as follows:
Rateable Value (April 2023): £2,850
From April 2018 the Welsh Government set the multiplier according to the Consumer Price Index (CPI) and for the financial year 2023-24 the multiplier will be 0.535.
Rates relief for small businesses in Wales will apply up to 31st March 2024. 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 transaction (if applicable).
Terms and Tenure
The subject premises is available by the way of a new effective full repairing and insuring lease (under terms to be negotiated).
We also advise that the multi-let office block comprises additional office suites or varying size, which may be available upon further enquiries.Viewing
By appointment with Sole Agents:
Astleys Chartered Surveyors
Tel: 01792 479 850
Email: commercial@astleys.net
Princess Way, Swansea
Per Annum £6,250
Size available
Property size 462 sqft
Property Description
The subject property comprises a self-contained ground floor office unit, which forms part of a much large multi-let office building, located along a prominent main road position within the city centre.
Internally, the office suite comprises an open plan office area, which has been subdivided in part to accommodate a small private office room. The office is also supported by ancillary accommodation, comprising w.c. facilities, located to the rear of the main office area.
The subject premises also benefits from an intercom entry system.