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Unit 18, J Shed,

Unit 18, J Shed, Swansea, SA1 8PL

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Summary

The property is arranged in an open plan format with fitted kitchen and toilet facilities. The building itself provides a mix of commercial occupiers on the ground floor with office and live/work accommodation to the first floor.

  • Unique Opportunity
  • High Quality Office Space
  • Prominent Location within SA1
  • Famous Grade II Listed Building
  • Vacant Possession Sale
  • Live / Work Accommodation
  • Close Proximity to new UWTSD Campus Development
Property Type Investment
Tenure For Sale
Status Available
Price £215,000
Size1,058 sq ft

Location

The J Shed is located in the heart of the £200 million redevelopment of SA1. The SA1 development houses occupiers including Admiral, OSTC, Village Hotel and Starbucks. The University of Wales Trinity St David are in the process of developing a new campus within SA1, opening in phases from September 2018 onwards.

 

The property benefits from pedestrian access into Swansea City Centre and is in walking distance to Swansea central railway station. 

Unit 18, J Shed, Swansea, SA1 8PL

Description

Specification

The property benefits from the following features.

  • Electric Storage Heating system
  • Video intercom system
  • Cat C cabling and networking 
  • Carpet flooring
  • Kitchen
  • W/C facilities 

Accommodation

Accommodation

The available accommodation has been measured on a GIA basis as follows:

Unit sq ft sq m
First Floor 1,058 98
Total 1,058

98

Terms

Tenure

The property is currently occupied but we are advised that it will be made available with the benefit of vacant possession. 

The Long Leasehold of the subject property is available for sale, with an unexpired term of 107 years.

Further details relating to the leasehold interest can be supplied upon request. 

Terms

Long leasehold sale - £215,000 exclusive. 

Other Information

Service Charge

We are advised that the following annual service costs are currently associated with the leasehold interest:

Ground rent - £50 per annum

Insurance - £488 per annum

Service Charges - £2,928 per annum

Planning

The unit benefits from dual planning consent for office and residential use. We would encourage interested parties to make their own enquiries with the local planning authority in this regard.

Business Rates

Rates Payable: £6,397 per annum (based on a rateable value of : £10,500).

Small business rates relief may be applicable to this building. We would encourage dialogue with the Local Authority in this regard.

EPC

The property has been assessed as 257 (G) - EPC is available for download from 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.

image of David Blyth MRICS

Enquire Now

David Blyth MRICS

07966 752301

image of Roger Poolman FRICS

Enquire Now

Roger Poolman FRICS

07775 037782

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