250 Carmarthen Road, Swansea, SA1

A two storey detached office building providing accommodation on two floors namely ground and lower ground floors. The building is of traditional construction and provides office and ancillary storage accommodation in a cellular format.

• A two storey office building providing cellular accommodation.

• Gross rent of £26,714.60 ex VAT.

• Prominent location on busy main road.

• Ground leasehold interest.

• Self Contained site.

• Dedicated on site parking.

• Development potential STPP.

Property Type Offices

Tenure For Sale

Status Available

Price £350,000 ex VAT

Size 12,690 sq ft

Location

The property is prominently located to the North of the City of Swansea, on the A483 Carmarthen Road which is one of the main arterial routes leading into the City. It occupies a prominent location on the junction of Carmarthen Road and Ysgubor Fach Street with vehicular access off the latter.

It is an area of mixed uses immediately abutting a doctors surgery, other uses in the locality include residential, retail and commercial.

250, Carmarthen Road, Swansea, SA1 1HG

Site

An irregular shaped self-contained site amounting to approximately 0.4 acres, with the buildings occupying the majority of the site but with un-developed grass area fronting Carmarthen Road. On-site car parking spaces are provided at the front of the site with appropriate vehicular access from Ysgbor Fach Street.

Services

All mains supplies are connected with gas central heating being provided throughout.

Accommodation

Accommodation

The building provides a gross internal area of;

12,690 sq ft / 1,179 sq m

Ground Floor 

16 no Cellular offices, Reception area, Kitchen facilities, Toilet facilities

Lower Ground Floor

13 no cellular offices, WC facilities, Boiler room

Plans are available for download via our website.

Terms

Tenure

The property is held on a ground lease for an original term of 125 years from 1989.

Terms

Long Leasehold - £350,000 exclusive.

Tenancies

The property is partly let to a number of tenants and details of these tenancies can be provided to interest parties. These are primarily located on the lower ground floor.

We are advised the total annual rent from these lettings is £26,714.60 ex VAT but gross of items such as heating, lighting, property insurance etc.

The property is offered subject to and with the benefit of these existing tenancies.

Other Information

Planning

We are advised that the unit currently benefits from B1 planning consent for Office use.

The site lends itself to a number of alternative uses subject to the necessary planning consent. We would encourage interested parties to make their own enquiries with the local planning authority in this regard.

Business Rates

The property is currently assessed in 17 individual assessments some of which may benefit from Small Business Rate Relief. Interested parties are requested to make their own investigations in this regard.

EPC

The property has been graded as 71 (C). The EPC document is available for download via the BP2 website.

VAT & Legal Costs

All prices, premiums and rents are quoted exclusive of VAT. We understand that the property is not elected for VAT.

Each party is responsible for their own legal costs incurred in any transaction.