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Offers in region of

£250,000

(£139.04/sq. ft)

Retail premises for sale

Cradock Street, Swansea SA1
1,798 sq. ft

Offers in region of

£250,000

(£139.04/sq. ft)

Retail premises for sale
Cradock Street, Swansea SA1

    • 1,798 sq. ft

About this property

    Location

    The property is located in Swansea City Centre on Cradock Street which connects to Kingsway to the south and Mansel Street to the north.
    The location benefits from excellent transport links as would be expected for a city centre. Nearby occupiers include Dragon Hotel, the new Office Development at The Kingsway, Halifax Building Society and Subway.
    The property is in the direct vicinity of the Albert Hall, the £9m restoration of the 1864 building which now comprises ground floor food hall and bar, private entertainment space, offices, studios and a gym.
    Description

    The property comprises a three-storey terraced property set to retail and storage accommodation to the ground floor and storage/staff facilities to the two upper floors. Access is provided at the front and rear at ground floor level, together with a fire escape leading from the first floor rear.

    The upper floors have been fully insulated and sound proofed, anticipating the conversion of the upper floors to provide self-contained residential accommodation (which would require planning consent).

    The building has undergone an internal and external refurbishment providing high quality accommodation.
    Accommodation

    Ground Floor Sales Area 61.57 sq M 662 sq ft
    Ground Floor Store/Anc. 34.19 368
    First Floor/Second Floor (attic) 71.37 768
    Total 167.13 sq M 1,798 sq ft
    Rateable value

    £7,400
    ubr for Wales 2024/25 is 0.562p in the £.
    Tenure

    We are advised that the property is held freehold.
    Asking price

    Offers in the region of £250,000.
    VAT

    All prices are quoted exclusive of VAT. Our client reserves the right to charge VAT on all payments.
    Legal costs

    Each party to pay their own legal costs on this transaction.
    Further information

    For further information or to arrange a viewing, please contact sole letting agents Hunt & Thorne Chartered Surveyors.

    More information

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