NEW - 2-3 Tontine Street, Swansea, SA1 5BP
For Sale £ 199,950 For Sale
Situated on Tontine Street, Swansea City Centre, this industrial unit is conveniently located close to Swansea Train Station and is easily accessible. Tontine Street and Ebenezer Street are populated with similar industrial units.
The property briefly comprises 4 industrial units Let to local covenants with ancillary office space also Let. Each unit benefits from electric roller shutter doors.
We are advised that the property is currently generating an income of circa £18,000 per annum gross and can either be purchased with the Tenants in situ, or Vacant Possession.
Based on the income generated, a potential gross initial yield of 9% is achievable.
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 431 m2 (4,648).
Our clients Freehold interest in the above property is available to purchase for £199,950 (One Hundred and Ninety Nine Thousand, Nine Hundred and Fifty Pounds).
We understand each unit is rated separately. Interested parties should discuss this with the Valuation Office.
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