218 High Street (Formerly The Hyst)
UNDER OFFER
218 , High Street, Swansea, SA1 1PE
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Summary
A modern, well-specified, fully fitted A3 premises with corner frontage, situated at the entrance to the award-winning Urban Village mixed-use development in Swansea.
The property offers significant scope for an occupier to adapt the existing fit-out to a new operation, with potential to benefit from access to external seating areas in the Courtyard Area and covered Arcade.
- Established City Centre Trading Location
- Fully fitted A3 Premises
- To be leased with the benefit of the existing fixtures and fittings
- Licenced to sell alcohol until 1pm
- Full-Height Glazed Frontage
- Potential for extensive covered external seating area
| Property Type | Retail & Leisure |
|---|---|
| Tenure | To Let |
| Status | Under Offer |
| Rent | £22,500 pa |
| Size | 2,325 sq ft (216 sq m) |
Location
The property is located at the entrance to the Urban Village, which is a £30m mixed use development housing offices, retail and residential.
The location offers direct frontage to the main Swansea High Street, which benefits from strong footfall being in close proximity to Swansea Train Station.
The building is situated a short walk from the retail core of Swansea City Centre which offers a range of occupiers including Turtle Bay, Coffee Once, Zara, Loungers, Slug & Lettuce and Five Guys.
218 , High Street, Swansea, SA1 1PE
Description
Specification
The property benefits from the following features:
- ‘Industrial style’ fit out
- Fully fitted kitchen with stainless steel equipment
- 3 separate entrances to High St, Arcade & Courtyard Areas
- Extraction system
- Cellar & Store Area
- Mezzanine Floor
- Stage Area
- Disabled, Male & Female WC’s
- Mix of fixed and moveable seating
- Intruder Alarm
Accommodation
Accommodation
The available accommodation has been measured on an NIA basis providing the following floor areas:
| sq ft | sq m | |
| Ground Floor | 2,217 | 206 |
| Mezzanine | 108 | 10 |
| Total | 2,325 | 216 |
The property has a High Street frontage of 15.35m and a maximum depth of 18.35m.
Terms
Tenure
The accommodation is available by way of a new effective full repairing and insuring lease via a service charge.
Terms
Leasehold Quoting rent - £22,500 per annum
An incentive package is available depending on the occupier and lease terms - please enquire within.
Service Charge / Insurance
The Tenant will be responsible for a fair contribution to the annual service charge, currently running at £850 per annum ex VAT.
Building Insurance will be charged to the tenant at 3% of the annual rental.
Other Information
Planning
The unit currently benefits from A3 planning consent for Bar / Restaurant use, and is presently licenced to sell alcohol from 1200hrs to 0100hrs Monday to Sunday.
A copy of the existing premises licence can be made available to interested parties upon request.
We would encourage interested parties to make their own enquiries with the local planning authority in this regard.
Business Rates
The premises has a rateable value of £17,750.
Further information is available via the letting agents.
EPC
The property has been graded as 034 (B). 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.
Viewing & Further information
For further information, or if you would like to arrange a viewing, please contact us.
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