NEW - 44 Newton Road, Mumbles, Swansea, SA3 4BQ
For Sale £ 15,000 For Sale
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.
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.
The property benefits from mains water and electric utilities. Please note that during the course of our inspection, none of these were tested.
This accommodation has a Net Internal Area of 73 m2 (793 ft2).
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.
We have been advised that the ground floor of the property has a rateable value of £13,000.
To arrange a viewing or to discuss further, please contact the sole selling agent, Dawsons, on the contact details below:
01792 478 907
01792 478 908