35-36 The Kingsway,
City Centre Retail
35-36, The Kingsway, Swansea, SA1 5LF
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Summary
The property is arranged over Ground and First Floors, with a return, corner frontage providing glazed shopfronts.
The retail area benefits from two independent pedestrian accesses and storage areas at both ground and first floor levels.
- Large Retail Footprint
- Available Immediately
- Rear Delivery Access
- Two Customer Entrances
- Corner Frontage
- Suitable for Alternative Commercial Uses STP
- Subdivision Options to suit
| Property Type | Retail & Leisure |
|---|---|
| Tenure | To Let |
| Status | Available |
| Rent | From £7 psf |
| Size | 1,500 - 7,051 sq ft |
Location
The premises are situated in the regional West Wales City of Swansea which is home to two Universities and has an ever increasing student population.
The property has a prominent corner location at the junction of Horton Street and The Kingsway, with extensive frontages to both.
The Kingsway is currently benefitting from a major street scape improvement scheme and is witnessing considerable redevelopment with proposed commercial projects nearby, a student block nearing completion with other residential schemes in the build.
35-36, The Kingsway, Swansea, SA1 5LF
Description
Specification
The property benefits from the following features.
- Rear Deliveries Yard
- First Floor Storage
- Kitchen
- Office / WCs
- 16.2 m Shopfront
- Two Customer Access Points
- Suspended Ceilings
- Concrete Flooring
Accommodation
Accommodation
The available accommodation has been measured on an NIA basis in accordance with RICS Code of Measuring Practice. We are also able to offer a sub-division from 1,500 sq ft upwards depending on the requirement.
| Unit | sq ft | sq m |
| Retail Sales Area | 4,675 | 435 |
| Ground Floor NIA | 5,059 | 470 |
| First Floor NIA | 1,991 | 185 |
| Total | 7,051 | 655 |
Terms
Tenure
The accommodation is available by way of an effective full repairing and insuring lease via a service charge, on terms to be agreed.
Terms
Quoting Rent - £50,000 per annum (GF & 1F)
Alternatively, a bespoke package can be made available to interested occupier who are looking to occupy on a sub-division basis.
Incentives
An incentive package can be made following formal expression of interest.
Other Information
Service Charge
A nominal service charge is in place to cover a fair proportion of any external repairs on an ad hoc basis, together with insurance costs.
Planning
We understand that the unit currently benefits from A1 planning consent for retail use.
The space is suitable for other uses and we would encourage interested parties to make their own enquiries with the local planning authority in this regard.
Business Rates
Rates Payable: £18,560 per annum (based on a rateable value of £36,250).
The valuation Office assessment is available as a download via the BP2 Website.
EPC
The property has an existing EPC of 58 (C).
A copy of the EPC document is available for download via the BP2 website.
VAT & Legal Costs
All prices, premiums and rents are quoted exclusive of VAT. Each party is responsible for their own legal costs incurred in any transaction.
