Woodfield Street, Morriston, Swansea

Description

Fully fitted and equipped hair salon for sale, which is due to relocation.

The subject premises comprises a three storey retail unit situated within the primary retail area of Woodfield Street, within Morriston town centre. The premises is currently trading as an established hair salon, arranged over two floors, with additional beauty treatment room located over the second floor. We have been advised that the subject premises will be offered for sale to include the majority of the fixtures and fittings (with a full inventory made available upon request), with the exception of the fixtures and fittings located within the beauty treatment room, which is currently let independently.

Internally, the subject premises comprises the main sales area, which can be accessed directly off the main pedestrian walkway to the front via a standard sales display window, extending further to the rear to a depth of approximately 13.35m. The main sales area is also supported by a small staff kitchen at ground floor level.

The retail accommodation also extends further over the first floor via an internal stairwell, benefiting from an ancillary sales area to the front, with ancillary accommodation to the rear comprising a small waiting area, customer and staff w.c. facilities and a laundry room. An additional beauty treatment room is also located over the second floor, which can be accessed over the ancillary sales area to the front.

Location

Woodfield Street is the main/primary trading location in Morriston, which is an established urban district and town centre, approximately 3.5 miles north of Swansea City Centre. The character of the surrounding area is predominantly commercial in nature.

Neighbouring occupiers include Card Factory, 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: 47.28 sq.m (508.92 sq. ft.)

Sales Area: 42.15 sq.m (453.70 sq. ft.)

Shop Depth: 13.35m (43'10")

Net Frontage: 3.81m (12'6")

Ancillary: 5.13 sq.m (55.21 sq. ft.)
which briefly comprises the following.

Staff Kitchen: 3.17m x 2.01m

FIRST FLOOR

Net Internal Area: 41.17 sq.m (443.15 sq. ft.)

Ancillary Sales: 4.14m x 8.65m
with stairs to second floor.

Waiting Area: 2.46m x 4.05m
with doors to.

Customer W.C. Facilities

Laundry Room: 2.38m x 1.44m
with door to rear fire escape, door to.

Staff W.C. Facilities

SECOND FLOOR

Net Internal Area: 18.16 sq.m (195.47 sq. ft.)

Treatment Room: 3.87m x 6.66m (max)

Rates

As stated on the VOA website the Rateable Value for the subject premises is as follows:

Rateable Value (2023): £5,800

From April 2018 the Welsh Government will 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 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

VAT will need to be confirmed but we advise that all figures quoted are exclusive of VAT (if applicable).

Terms and Tenure

The subject premises is available Freehold with vacant possession to include the majority of the fixtures and fittings but excluding the Goodwill and Intellectual Property associated with Dean Williams U Hair Group.

Viewing

By appointment with Sole Agents:

Astleys Chartered Surveyors
Tel: 01792 479 850
Email: commercial@astleys.net