58-60 The Kingsway, Swansea, SA1

An established four storey property with basement, which is of traditional construction. The upper floors have been converted into student residential accommodation in recent years and the accommodation available is on the ground and basement levels.

The unit itself has extensive retail frontages onto both Portland Street and The Kingsway with pedestrian access being provided from Portland Street.

Rear delivery facilities are also provided by the Park Street entrance.

• Flexible Large Footprint Ground Floor Retail Space

• Ancillary Basement Accommodation

• Basement Loading Bay Facilities

• Prominent Corner Trading Position with Double Frontage

Property Type Retail & Leisure

Tenure To Let

Status Available

Rent £60,000 pa

Size 6,200 sq ft

Location

The premises are situated in the regional West Wales City of Swansea which is home to two Universities and has an ever increasing student population.

The property has a prominent corner location at the junction of Portland Street and The Kingsway, with extensive frontages to both.

Portland Street has attracted a number of finance institutions as occupiers over recent years while The Kingsway is currently benefitting from a major street scape improvement scheme and is witnessing considerable redevelopment with proposed commercial projects nearby, a student block nearing completion with other residential schemes in the build.

58-60 The Kingsway, Swansea, SA1 5HN

Accommodation

Accommodation

Available accommodation has been measured on a NIA basis and is as follows:

Terms

Rent

The property is available at an asking rent of £60,000 pax.

Lease Terms

The property is made available upon flexible lease terms on an effective FRI basis.

Please contact the agents for further details.

Other Information

Business Rates

Rateable Value: £73,000.

UBR for Wales 2019/20: 52.6p per pound.

Interested parties are advised to verify this information with the Local Authority.

EPC

The property has an existing EPC of 84 (E).

A copy of the EPC document is available for download via the BP2 website.

VAT & Legal Costs

All prices and premiums are quoted on an exclusive of VAT basis.

Prospective purchasers should note that in this instance VAT will apply to the transaction. Each party is responsible for their own legal costs incurred in any transaction.

Viewing

For further information or to arrange an inspection please contact our Agent or Joint Agents:

Azure Property Consultants: 1 Oxford Street, Whitstable, CT5 1DB.

Contact: Brian Chatfield