£165,000
(£165,000.00/sq. ft)
Retail premises for saleSt. Helens Avenue, Swansea SA1
1 sq. ft
About this property
Investment Opportunity
For Sale - £165,000
Situated off a Popular Brynymor Road
Situation
Situated on St Helens Avenue and Catherine Street, the premises occupies a prominent trading location within a popular student area. Neighbouring occupiers include predominantly local covenants and include food outlets, retailers, salons, and bars.
Description
This property comprises a ground floor premises currently used as a popular bakery.
The first floor was previously used as office space, now being used as storage.
The second floor comprises a board room, kitchen, and WC facilities.
Services
We understand that the premises benefits from mains water and electric utilities. None of the services were tested during the course of our inspection.
Terms
The freehold interest in our client’s property is available to purchase at an initial asking price of £165,000.
We understand that the lease commenced in January 2021 for a term of 15 years. The current rent is £8,100 per annum for the period until 29th January 2027, where there will be a rent review. Rent reviews are every 3 years.
Viewing
Please contact Dawsons Commercial to arrange a viewing.
Situated on St Helens Avenue and Catherine Street, the premises occupies a prominent trading location within a popular student area. Neighbouring occupiers include predominantly local covenants and include food outlets, retailers, salons, and bars.
Description
This property comprises a ground floor premises currently used as a popular bakery.
The first floor was previously used as office space, now being used as storage.
The second floor comprises a board room, kitchen, and WC facilities.
Services
We understand that the premises benefits from mains water and electric utilities. None of the services were tested during the course of our inspection.
Terms
The freehold interest in our client’s property is available to purchase at an initial asking price of £165,000.
We understand that the lease commenced in January 2021 for a term of 15 years. The current rent is £8,100 per annum for the period until 29th January 2027, where there will be a rent review. Rent reviews are every 3 years.
Viewing
Please contact Dawsons Commercial to arrange a viewing.
Mortgage calculator
Monthly repayment
£825 per month
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