Retail premises for sale in High Street, Gorseinon, Swansea SA4

The subject premises comprises a two storey mid terraced retail unit equating approximately 129.08 sq.m (1,389.41 sq. Ft.) in total, which is situated along an established high street location within Gorseinon town centre.

The main sales area, which can be accessed off the main pedestrian walkway to the front via a standard sales display entrance and window benefits from a shop depth of approximately 11.13m, with a net frontage of approximately 3.45m. The main sales area is also supported by ancillary accommodation in the form of 3 no. Consultation/ office rooms and a small store area, which are situated directly to the rear.

The remaining accommodation arranged over the first floor, comprises an additional consultation room, a preparation area/ laboratory, various storage rooms, together with staff kitchen and w.c. Facilities. The subject premises also benefits from hot and cold air conditioning units, which have been installed over each floor.

We further advise that the first floor can also be accessed independently to the front via a separate personnel door off the main elevation. We therefore advise that the subject premises has the potential to be redeveloped and sub-divided further on a floor-by-floor basis (subject to obtaining the necessary statutory consents).

Externally, the subject premises appears to accommodate the majority of the site with the exception of a small yard area to the rear, which can be accessed off an unmade lane, via Cross Street to the south. Designated parking is also available to the rear for a minimum of 2 vehicles.

Description

The subject premises comprises a two storey mid terraced retail unit equating approximately 129.08 sq.m (1,389.41 sq. Ft.) in total, which is situated along an established high street location within Gorseinon town centre.

The main sales area, which can be accessed off the main pedestrian walkway to the front via a standard sales display entrance and window benefits from a shop depth of approximately 11.13m, with a net frontage of approximately 3.45m. The main sales area is also supported by ancillary accommodation in the form of 3 no. Consultation/ office rooms and a small store area, which are situated directly to the rear.

The remaining accommodation arranged over the first floor, comprises an additional consultation room, a preparation area/ laboratory, various storage rooms, together with staff kitchen and w.c. Facilities. The subject premises also benefits from hot and cold air conditioning units, which have been installed over each floor.

We further advise that the first floor can also be accessed independently to the front via a separate personnel door off the main elevation. We therefore advise that the subject premises has the potential to be redeveloped and sub-divided further on a floor-by-floor basis (subject to obtaining the necessary statutory consents).

Externally, the subject premises appears to accommodate the majority of the site with the exception of a small yard area to the rear, which can be accessed off an unmade lane, via Cross Street to the south. Designated parking is also available to the rear for a minimum of 2 vehicles.

Location

The subject premises is situated directly off High Street which is the prime retail area and main thoroughfare within Gorseinon town centre.

The immediate vicinity is occupied by a variety of mainly local businesses including retail, cafeterias, hairdressers and convenience stores, while established occupiers along the main high street include jd Wetherspoon, Lloyds Bank and Jenkins Bakery. Occupancy levels along High Street are generally good and Gorseinon appears to be a well supported community.

Gorseinon is located approximately 6.3 miles north-west of Swansea City Centre and is approximately 2 miles from junction 47 of the M4 motorway in an easterly direction.

Accommodation

The subject premises affords the following approximate dimensions and areas:

Ground floor

Net Internal Area (NIA): 77.52 sq.m (834.42 sq. Ft.)

Sales Area: 50.63 sq.m (544.98 sq. Ft.)

Shop Depth: 11.13m (36’6”)

Internal Width (max): 4.99m (16’4”)

Ancillary: 26.89 sq.m (289.44 sq. Ft.)
which briefly comprises the following.

Consultation Room 1: 2.67m x 4.24m

W.C. Facilities

Consultation Room 2: 2.65m x 1.76m

Store Area: 2.90m x 0.97m

Consultation Room 3: 3.82m x 2.30m
with external door to rear yard

First floor

Net Internal Area (NIA): 51.56 sq.m (554.99 sq. Ft.)

Consultation Room 4: 2.53m x 3.48m

Store Room 2: 2.39m x 2.40m (l-Shaped)

Store Room 3: 2.39m x 2.84m

Store Cupboard: 1.52m x 0.94m

Prep Area/ Laboratory: 5.06m x 3.70m
with external door to steel stairwell and rear yard area, door to.

Staff Kitchen: 2.33m x 4.41m
with doors to.

Store Room 4: 1.39m x 3.06m

W.C. Facilities

Rates

As stated on the voa website the Rateable Value for the subject premises is as follows:

Rateable Value (2023): £7,500

From April 2018 the Welsh Government set the multiplier according to the Consumer Price Index (cpi) and for the financial year 2024-25 the multiplier will be 0.562.

Rates relief for small business with a rateable value up to £6,000 will receive 100% relief and those with a rateable value between £6,001 and £12,000 will receive relief that will be reduced on a tapered basis from 100% to zero.

We advise that all enquiries should be made with the Local Authority Rates Department to verify this information. For further information visit .

Vat

All figures quoted are exclusive of VAT. Our client reserves the right to levy VAT on this transaction (if applicable).

Terms And Tenure

The subject premises is available Freehold.

Please be advised that our client's interest is subject to an occupational leasehold agreement held with Specsavers Optical Superstores Ltd, for a term of 10 years from 19th January 2019. However, we have been advised that a mutual surrender is currently ongoing and we therefore advise that the property will be offered for sale with the benefit of vacant possession (subject to contract).

Viewing

By appointment with Sole Agents:

Astleys Chartered Surveyors
Tel: Email: