Retail premises to let
High Street, Swansea SA1
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Established City Centre Trading Location
- Part fitted A3 Premises
- To be leased with the benefit of the existing fixtures and fittings
- Previous licence to sell alcohol until 1pm
- Full-Height Glazed Frontage
- Potential for outdoor seating licence
Property description
Main Description
A modern, well-specified, fully fitted A3 premises with corner frontage, situated at the entrance to the award-winning Urban Village mixed-use development in Swansea.
The property offers significant scope for an occupier to adapt the existing fit-out to a new operation, with potential to benefit from access to external seating areas in the Courtyard Area and covered Arcade subject to the necessary consents.
Specification
The property benefits from the following features:
- ‘Industrial style’ fit out
- Part fitted kitchen with stainless steel equipment (to remain in Landlords ownership)
- 3 separate entrances to High St, Arcade & Courtyard Areas
- Extraction system
- Cellar & Store Area
- Mezzanine Floor
- Stage Area
- Disabled, Male & Female WC’s
- Intruder Alarm
The available accommodation has been measured on an NIA basis providing the following floor areas:
Sq ft sq m
Ground Floor 2,217 206
Mezzanine 108 10
Total 2,325 216
The property has a High Street frontage of 15.35m and a maximum depth of 18.35m.
Tenure
The accommodation is available by way of a new effective full repairing and insuring lease via a service charge.
Terms
Leasehold Quoting rent - £25,000 per annum
Service Charge / InsuranceThe Tenant will be responsible for a fair contribution to the annual service charge, currently running at £123.26 per annum ex VAT.
Building Insurance will be re-charged to the tenant, current payment is £614.86 ex VAT per annum, renewed every July.
Planning / LicenceThe unit currently benefits from A3 planning consent for Bar / Restaurant use, and was previously licenced to sell alcohol from 1200hrs to 0100hrs Monday to Sunday.
A copy of the existing premises licence can be made available to interested parties upon request.
We would encourage interested parties to make their own enquiries with the local planning authority in this regard.
Business Rates
The premises has a rateable value of £16,000 (24/25).
Business Rates payable: £8,992 pa
Link to the assessment is here.
Utilities
Utilities are separately metered and payable by the Tenant.
EPCThe property has been graded as 47 (B).
Link to the EPC is here.
VAT & Legal Costs
All prices, premiums and rents are quoted exclusive of VAT. Each party is responsible for their own legal costs incurred in any transaction.
Viewing & Further information
For further information, or if you would like to arrange a viewing, please contact us.
Property info
For more information about this property, please contact
BP2 Property Consultants, SA1 on +44 1792 738808 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by BP2 Property Consultants, and do not constitute property particulars. Please contact BP2 Property Consultants for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.