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For Sale : 137 Mumbles Road | 137 Mumbles Road, Mumbles, SA3 4DN

Price: £450,000

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or call us on 01792 648809

Property Details

LOCATION

The subject property is located within the popular seaside village of Mumbles. The property is situated in very close proximity to the new ‘Oyster Wharf’ development with tenants including Pierre Bistro, Loungers and Prezzo. Other nearby occupiers include Seasalt, Joules, Mountain Warehouse and Peacocks.

DESCRIPTION

This investment opportunity comprises a retail unit on the ground floor which is currently let to Cats Protection and a 3-4 bedroom flat on the upper floors which is currently vacant.

PRICE

Offers in excess of £450,000

TENURE

The freehold interest is available for sale.

RENT REVIEW & BREAK OPTION

The lease contains an upward only rent review on 16th May 2022.

The tenant has an option to break the lease on 16th May 2022.

ACCOMMODATION

1ST & 2ND Floor flat

Size ft.

Lounge

22.2 x 15.6

Bathroom

6.2 x 10

Kitchen

10 x 11.9

Dining room

12.2 x 15.7

Bedroom 1

14.2 x 15.7

Bedroom 2

9.5 x 15.5

Bedroom 3

8.4 x 15.4

TENANCY

 

Tenant

Lease Term

Rent

Ground floor retail

Cats Protection Trustee Limited

10 years from 16th May 2017

£25,000

BUSINESS RATES

Rateable Value                         £21,750

UBR for Wales 2020-21         53.5p in the £

Interested parties are asked to verify this information by contacting the local authority

137a Council tax band - D

VIEWING ARRANGEMENTS

NICK FOUNDS                ADAM HARRIS

 01792 479845                01792 479841

@ nick@rj-cs.co.uk      @ adam@rj-cs.co.uk 

VAT

All figures exclusive of VAT, where applicable.

EPC

137 Commercial Rating       D-90

137a Residential Rating      G-6

 

Location

137 Mumbles Road

Mumbles

Swansea

SA3 4DN

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