Commercial Retail

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NEW - 44 Newton Road, Mumbles, Swansea, SA3 4BQ

For Sale £ 15,000 For Sale
Mumbles  SA3 4BQ Retail Showcase Commercial Department » Print this page

Situation

Situated on the upper end of Newton Road, this premises occupies a prominent trading position and benefits from high levels of footfall. Newton Road is popular with both local and national covenants and attracts high levels of tourism during the summer period.

Description

The premises briefly comprises a ground floor A1 premises used currently as a newsagents/off license with potential to be converted to a convenience store or for another use. The premises is split level and benefits from ancillary storage and WC facilities to the rear.

Services

The property benefits from mains water and electric utilities. Please note that during the course of our inspection, none of these were tested.

Size

This accommodation has a Net Internal Area of 73 m2 (793 ft2).

Terms

The Leasehold interest in our clients premises is available by way of Lease Assignment at an asking premium of £15,000, to include most of the fixtures and fittings. We are advised that the current lease has circa 9 years left at an annual rent of £14,000 per annum.

Our client advises that the business will be retaining the paper round, and that the goodwill for the business is not for sale.

Rateable Value

We have been advised that the ground floor of the property has a rateable value of £13,000.

Viewing

To arrange a viewing or to discuss further, please contact the sole selling agent, Dawsons, on the contact details below:

Andrew Cox
01792 478 907
andrew.cox@dawsonsproperty.co.uk

Matthew Mason
01792 478 908
matthew.mason@dawsonsproperty.co.uk