Commercial Industrial

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NEW - 2-3 Tontine Street, Swansea, SA1 5BP

For Sale £ 199,950 For Sale
Swansea City Centre  SA1 5BP Industrial Commercial Commercial Department » Print this page

Situation

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.

Description

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.

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 431 m2 (4,648).

Terms

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).

Rateable Value

We understand each unit is rated separately. Interested parties should discuss this with the Valuation Office.

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