£199,950

Office for sale

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£199,950

Office for sale

Kings Road, Swansea SA1

Local area information

Property location

Nearby amenities

  • St Thomas Community Primary School 0.4 miles
  • Swansea Queens Dock Ferry Terminal 0.5 miles
  • Swansea 0.6 miles
  • Danygraig Primary School 0.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Swansea to find out more about the area.

Features and description

  • Unfurnished
  • Unique Offices
  • High Quality Modern Space
  • Dual Residential and Office Planning
  • Grade II Listed Building
  • Close Proximity to new uwtsd Campus Development
  • Views over SA1 Dock
Main Description

A unique opportunity to purchase a fully let investment office comprising a modern office unit located in the J Shed building in SA1, with views over the SA1 dock.

The property is let on Fri terms entirely to tlc Marketing Worldwide Group ltd for a 5 year term, expiring November 2025 at a rental of £12,000 per annum.

The building itself provides a mix of commercial occupiers on the ground floor with office and live/work accommodation to the first floor.

Specification
  • Electric Storage Heating system
  • Video intercom, cabling and networking
  • Carpet flooring
  • Fully fitted kitchen
  • W.C with Shower
  • Passenger lift


The unique property is arranged in an open plan format with a fitted kitchen and separate bathroom. The accommodation includes a split level mezzanine with various features, overlooking the SA1 Dock.

The available accommodation has been measured on an NIA basis in accordance with ipms 3 (office);

Unit sq ft sq m

Ground Floor 674 62.6

First Floor 350 32.6

Total 1024 95.2

Tenure

Our Clients Leasehold interest is offered for sale with circa 107 years remaining.

The property is let on Fri terms entirely to tlc Marketing Worldwide Group ltd for a 5 year term, expiring November 2025 at a rental of £12,000 per annum.

Terms

Asking price - £199,950, which reflects a gross initial yield of 6% before costs.

A copy of the lease and Creditsafe report is available on upon formal expression of interest.

Service Charge

The tenant is responsible for all the service charge costs throughout the term. Full details available on request.

Planning

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

Business RatesThe property has a rateable value of £10,500 (23/24) EPC

The property has been assessed as 104 (E) - 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.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - BP2 Property Consultants. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact BP2 Property Consultants for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Swansea
  4. Swansea City Centre
  5. Kings Road

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