LOCATION

Situated along an established parade of commercial property within the main hub of Morriston, Woodfield Street this mid-terrace property occupies a position amongst national retailers including the likes of Iceland, The Travel House, Lextan along with local covenants including estate agencies, barbers and more and is host to a monthly market selling traditional products and produce. Morriston is situated approximately 3.5 miles North of Swansea and approximately 60 miles West of Cardiff.

DESCRIPTION

The premises comprises ground floor office/retail space set out over basement, ground and first floor with retail frontage onto Woodfield Street. The premises is currently occupied by Midshires Care Ltd T/A Helping Hands at a passing rent of £15,000pax. The premises is let on a full repairing and insuring Lease for a term of 5 years from 1st September 2022 with a 3rd year tenant-only break option.

TENURE
Freehold

ASKING PRICE
£195,000 – Reflecting a gross initial yield of 7.69%

BUSINESS RATES
Interested parties are asked to verify the rates payable by contacting the Local Authority.

EPC RATING
A copy of the EPC can be available upon request.

PLANNING PERMISSION
The premises currently has planning for A1 use.

CONTACT
For further information and to arrange a viewing please contact Glanmor Chartered Surveyors.

Tel: 01792 439105

Email: Info@glanmorproperty.co.uk