Commercial Industrial

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Ref. 301 - NEW - 115-118 Ystrad Road, Fforestfach, Swansea, SA5 4NE

For Sale £ 350,000 For Sale
Fforestfach  SA5 4NE Industrial Commercial Commercial Department » Print this page

Situation

Situated on Ystrad Road, fforestfach, this premises occupies a prominent kerbside position. Largely industrial, fforestfach also benefits from residential properties and out of town retail parks.

Description

Briefly comprising four industrial units with compounds, and a further large compound to the side and rear of the premises.

The compound measures 0.37 acres and is sloping in nature. The entire site measures 0.5 acres.

Lease Terms

We understand all units are currently let at a passing rent of £24,000 per annum exclusive on flexible lease terms.

We understand there is no formal agreement in place for the compound to the side and rear of the units.

Based on the current rent, a gross initial yield of 6.8% is achievable.

Terms

The Freehold interest in our clients premises is available at offers in the region of £350,000 (Three Hundred and Fifty Thousand Pounds).

Rateable Value

Interested parties are advised to discuss the rates payable with the local authority directly.

Viewing

Please contact the sole selling agent, Dawsons.

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

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