£89,000
(£126.60/sq. ft)
Retail premises for salePicton Arcade, Swansea SA1
703 sq. ft
About this property
For sale or to let
To Let – £9,500 Per Annum
For Sale - £89,000
A3 Premises
Situated in the Centre of Picton Arcade
Situation
Situated within Picton Arcade, this premises occupies a prominent trading position within the City Centre of Swansea. Neighbours include both local and national covenants and range from hairdressers, vintage clothing shops etc. Picton Arcade is popular with niche businesses and generally attracts boutiques.
Description
The accommodation comprises an A3 commercial premises split over the ground and first floor, which was previously used as popular coffee shop.
The ground floor contains an open plan showroom and kitchen area. To the first floor there is further seating area, further kitchen facilities and WC facilities.
The premises benefits from access to rear, for ease of access and deliveries. There are also high levels of security with the rear access having electronic shutters.
Services
The property benefits from mains water and electric utilities. Please note that during the course of our inspection, none of these were tested.
Terms
The long leasehold interest in our client's property is available for sale at an asking price of £89,000. We understand that there is a remaining lease term of just over 100 years.
The leasehold interest in our client's property is available to let at an asking figure of £10,000 per annum by way of a new lease on Internal repairing and insuring terms. A service charge is payable for the upkeep of the arcade.
Rateable Value
Interested parties are advised to discuss business rates with the local authority.
Viewing
To arrange a viewing or to discuss further, please contact the sole selling agent, Dawsons Commercial.
Situated within Picton Arcade, this premises occupies a prominent trading position within the City Centre of Swansea. Neighbours include both local and national covenants and range from hairdressers, vintage clothing shops etc. Picton Arcade is popular with niche businesses and generally attracts boutiques.
Description
The accommodation comprises an A3 commercial premises split over the ground and first floor, which was previously used as popular coffee shop.
The ground floor contains an open plan showroom and kitchen area. To the first floor there is further seating area, further kitchen facilities and WC facilities.
The premises benefits from access to rear, for ease of access and deliveries. There are also high levels of security with the rear access having electronic shutters.
Services
The property benefits from mains water and electric utilities. Please note that during the course of our inspection, none of these were tested.
Terms
The long leasehold interest in our client's property is available for sale at an asking price of £89,000. We understand that there is a remaining lease term of just over 100 years.
The leasehold interest in our client's property is available to let at an asking figure of £10,000 per annum by way of a new lease on Internal repairing and insuring terms. A service charge is payable for the upkeep of the arcade.
Rateable Value
Interested parties are advised to discuss business rates with the local authority.
Viewing
To arrange a viewing or to discuss further, please contact the sole selling agent, Dawsons Commercial.
Mortgage calculator
Monthly repayment
£445 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}