74 Manselton Road, Manselton, Swansea
Shop
 
POA
 
 
     
    We offer for sale an end of terrace, two storey property of traditional construction under a pitched concrete roof. The ground
    floor provides retail accommodation, whilst the first floor residential accommodation is accessed via the rear with a single garage. The property is situated in a prominent position along Manselton Road, in the heart of Manselton, which is a predominantly residential area, and with Swansea City Centre located approximately 2 miles to the south.
    The ground floor retail unit is currently let to Mace Convenience Stores, with the first floor offering2 bedroom residential accommodation.
    Page Break
    * £250,000 excl

    * Current Ground Floor income of £13,992

    * Stepped rental increase in 2018

    * First floor accommodation offered with Tenant occupation or with vacant possession

    * Current rental income of £550 per month for First Floor accommodation

    * Freehold

    Page Break
    Floor Area Sq M Sq Ft
    GROUND FLOOR
    Sales 65.26 702
    Stockroom 7.65 83
    Kitchen 1.70 18
    FIRST FLOOR 67.87 730
    Page Break
    All prices, premiums and rents etc. are quoted exclusive of VAT at the prevailing rate. Our client reserves the right
    to levy VAT on all payments.
    Page Break
    Business Rates
    UBR for Wales 2013/14 is 46.4p in the £.
    Interested parties are advised to make their own enquiries with regards to the Rateable Value.
    Page Break
    The Ground Floor retail accommodation is let to Mace Convenience Stores for a term of 30 years from October 1993. The current rent payable amounts to £13,992 pax, with an agreed rental uplift in 2018 to £16,090 pax, for the duration of the term.
    Page Break
    The First Floor accommodation is let to a private individual on a Periodic Tenancy at a monthly rent of £550 per month. The
    property can be offered with or without vacant possession of the upper floor.