Description
The subject property comprises a self-contained ground floor retail unit, which was previously occupied for use as a nail bar (A1 Use Class), situated along an established parade of similar commercial units, within the prime retail area of Woodfield Street within Morriston.
Internally, the subject premises accommodates the main sales area, which can be accessed directly off the main pedestrian walkway to the front via a standard sales display entrance, benefitting from a net frontage of 4.16m (13’8”). The main sales area is also supported by ancillary accommodation, located further to the rear, comprising a small staff kitchen area and w.c. facilities.Location
Woodfield Street is the main/primary trading location in Morriston, which is an established urban district, approximately 3.5 miles north of Swansea City Centre. The character of the surrounding area is predominantly commercial in nature.
Neighbouring occupiers include Savers, Specsavers, Subway and Greggs as well as a number of local independent traders.
The Tawe Vale and Swansea Enterprise Park commercial developments are located close by and Junction 45 of the M4 motorway is approximately 1.5 miles to the north, via the A4067.Accommodation Comprises
The subject premises affords the following approximate dimensions and areas:
GROUND FLOOR
Net Internal Area: 39.10 sq.m (420.87 sq. ft.)
Sales Area: 33.68 sq.m (362.53 sq. ft.)
Shop Depth: 7.47m (24'6")
Net Frontage: 4.16m (13'8")
Sales (ITZA): 30.60 sq.m (329.37 sq. ft.)
Ancillary: 5.42 sq.m (58.34 sq. ft.)
which briefly comprises the following.
Staff Kitchen: 2.47m x 2.27m
W.C. FacilitiesRates
As stated on the VOA website the Rateable Value for the subject premises is as follows:
Rateable Value (2017): £5,600
From April 2018 the Welsh Government set the multiplier according to the Consumer Price Index (CPI) and for the financial year 2022-23 the multiplier will be 0.535.
Rates relief for small businesses in Wales will apply up to 31st March 2020. 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 (where 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
Woodfield Street, Morriston, Swansea
Per Annum £9,600
Size available
Property size 420 sqft
Property Description
The subject property comprises a self-contained ground floor retail unit, which was previously occupied for use as a nail bar (A1 Use Class), situated along an established parade of similar commercial units, within the prime retail area of Woodfield Street within Morriston.
Internally, the subject premises accommodates the main sales area, which can be accessed directly off the main pedestrian walkway to the front via a standard sales display entrance, benefitting from a net frontage of 4.16m (13’8”). The main sales area is also supported by ancillary accommodation, located further to the rear, comprising a small staff kitchen area and w.c. facilities.