Properties

LOCATION

The premises are conveniently located on the fringe of Swansea City Centre with other local restaurant and retail occupiers nearby. The property fronts onto St Helens Road which is a mixed-use thoroughfare to the city centre which lies approximately half a mile to the east.

The area benefits from a high student population with several bars and restaurants nearby.

DESCRIPTION

The subject property comprises of two terraced properties which have been modified to provide one interconnecting space at both ground and first floor level. The property is of a traditional construction set under a timber pitched roof clad with concrete tiles. There is a rear single storey extension cover with a flat roof.

The accommodation comprises a large open plan restaurant area, small preparation area and kitchen at ground floor level. The first floor comprises of public toilets which service the restaurant, storeroom, staff bathroom and three further staff rooms.

There is a small courtyard to the rear with access from Beach Street.

ACCOMMODATION

BUSINESS RATES

Rateable Value             £16,000

UBR for Wales 2020/21     53.5 p in the £

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

VIEWING ARRANGEMENTS

Nick Founds           Adam Harris

nick@rj-cs.co.uk     adam@rj-cs.co.uk

01792 648809        01792 648809

TENURE

FOR SALE: Freehold interest is available to purchase for offers over £200,000.

VAT

All figures are exclusive of VAT where applicable

EPC

An EPC has been commissioned and will be available shortly.

TENANCY

The property is let on an FRI basis on the following terms:-

LEASE

The lease has expired, and the current tenant is holding over at a passing rent of £17,000 p/a. Lease is available upon request.

The lease is inside the Landlord and Tenant 1954 Act.

COVENANT

Local covenant who has given indications that they would renew the lease.