* Leasehold
* Former mosaic restaurant (A3 use class)
* Flexible commercial accommodation arranged over two floors
* Net internal area: 268. 71 sq. M (2, 892. 39 sq. Ft. )
* City centre location to rear of st. Helens road
* Long leasehold interest with 106 years unexpired
The subject property comprises a substantial size two storey, former print
house, which was previously occupied for use as a restaurant/ licenced
premises, location within Swansea City Centre.
Internally the subject premises is arranged over two floors, measuring
approximately 268. 71 sq. m (2, 892. 39 sq. Ft. ) in total, comprising the main
restaurant/ sales area over the ground floor, which can be accessed directly
off the front elevation. The main sales area has also been subdivided further
to accommodate a former bar/ preparation area with access to various customer
w. c. Facilities. Former catering kitchen facilities (currently presented in a
shell condition) and an additional storage unit is also located further to the
side elevation. The ancillary storage area can also be accessed independently
over the main access lane, which has the potential to be self - contained and
occupied as a separate unit.
The subject premises also benefits from a mezzanine area, which can be
accessed off the main sales area via an internal stairwell, comprising
ancillary sales accommodation.
**Description**
The subject property comprises a substantial size two storey, former print
house, which was previously occupied for use as a restaurant/ licenced
premises, location within Swansea City Centre.
Internally the subject premises is arranged over two floors, measuring
approximately 268. 71 sq. m (2, 892. 39 sq. Ft. ) in total, comprising the main
restaurant/ sales area over the ground floor, which can be accessed directly
off the front elevation. The main sales area has also been subdivided further
to accommodate a former bar/ preparation area with access to various customer
w. c. Facilities. Former catering kitchen facilities (currently presented in a
shell condition) and an additional storage unit is also located further to the
side elevation. The ancillary storage area can also be accessed independently
over the main access lane, which has the potential to be self - contained and
occupied as a separate unit.
The subject premises also benefits from a mezzanine area, which can be
accessed off the main sales area via an internal stairwell, comprising
ancillary sales accommodation.
**Location**
The property is set back slightly from the main highway, along St. Helen’s
Road, which is a short distance away from the main shopping streets of Swansea
City Centre.
The subject premises can be accessed directly off St. Helens Road via a gated
entrance lane. Although the subject premises does not benefit from a prominent
position along the main highway, the subject premises is ideally located for a
range of alternative commercial uses (subject to the necessary planning
consents).
Whilst St. Helen’s Road is a secondary trading location, St. Helen’s Road is
popular with restaurants, hot food take - aways, offices and assortment of small
shops including barbers, convenience stores, etc.
**Accommodation**
The subject premises affords the following approximate dimensions and areas:
**Ground floor
**
Net Internal Area: 205. 84 sq. m (2, 215. 66 sq. Ft. )
Sales Area: 103. 70 sq. m (1, 116. 22 sq. Ft. )
accessed directly off the main elevation to the front via a single entrance
door, partitioned in part to accommodate a small service counter, with doors
to.
Customer W. C. Facilities
comprising ladies and gents/ disabled toilet cubicles.
Storage Rooms: 6. 80 sq. m (73. 19 sq. Ft. )
comprising three storage areas, with access to.
Former Kitchen: 36. 76 sq. m (395. 68 sq. Ft. )
with door to.
Storage Unit: 58. 58 sq. m (630. 55 sq. Ft. )
can also accessed independently off the main elevation to the front.
**First floor
**
Net Internal Area: 62. 87 sq. m (676. 78 sq. Ft. )
Ancillary Sales: 62. 87 sq. m (676. 78 sq. Ft. )
accessed off the main sales area via an internal stairwell.
**Rates**
As stated on the voa website the Rateable Value for the subject premises is as
follows:
Rateable Value (2023): £11, 250
From April 2018 the Welsh Government set the multiplier according to the
Consumer Price Index (cpi) and for the financial year 2023 - 24 the multiplier
will be 0. 535.
Rates relief for small business with a rateable value up to £6, 000 will
receive 100% relief and those with a rateable value between £6, 001 and £12, 000
will receive relief that will be reduced on a tapered basis from 100% to zero.
We advise that all enquiries should be made with the Local Authority Rates
Department to verify this information. For further information visit .
**Vat**
Please be advised that all figures quoted are exclusive of VAT (where
applicable).
**Terms And Tenure**
Our client's interest is available for sale with vacant possession, which is
held on a Long Leasehold for a term of 125 years from 1st January 2005 at a
current ground rent of £250 per annum.
The ground rent is also subject to fixed periodic reviews, increasing by £250
per annum in 2032 and every 25 years thereafter.
**Viewing**
By appointment with Sole Agents:
Astleys Chartered Surveyors
Tel: Email:

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