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Unit 9 Killay Shopping Precinct, Killay, Swansea

Dawsons £140,000
Mumbles  SA2 7BA 1 bedroom Flat/Apartment Swansea - Auction » Print this page

SUMMARY

Property comprises a two storey mid terrace retail premises within Killay Shopping Precinct.

LOCATION

The subject premises is located within the shopping precinct within the village of Killay. Killay has a number of local and national businesses including the Co-operative, Blockbuster and Lloyd's Pharmacy, as well as a number of cafes, pubs and restaurants.

Killay is approximately 6 Kilometres (4 miles) from Swansea's City Centre.

ACCOMMODATION

The ground floor provides retail accommodation to approximately 55.91sq m (602 sq ft) with the first floor providing 24.40 sq m (263 sq ft) of ancillary accommodation.

EXTERNAL

The property benefits from one car parking space to the rear.

LEASE

The entire property is let to Alan Roger Melville and Helen Christine Richards for a term of 10 years from 24th June 2012. The current rent passing is £12,000 Per Annum with the rent increasing to £13,000 Per Annum 24th June 2015. The property benefits from a rent review on 24th June 2017 however there is also a tenants option to break on 23rd June 2017.

RATEABLE VALUE

We have been advised that the Rateable Value of the property is £11,000.

DIRECTIONS

From our office on Walter Road, Swansea head west along the A4118 through Uplands and Sketty. When you reach Killay the shopping precinct can be found on the right hand-side of the road.

TENURE:

COUNCIL TAX:

EPC RATING:

VIEWING: STRICTLY VIA VENDORS AGENTS.

DAWSONS TEL: 01792 478903/04

NB: All successfull Purchasers will be subject to a buyers premium of £150 plus VAT