Multi-floor Retail Unit in Great High Street Location. Let to Bonmarché on a 10 year lease at £75,000 p.a.

Multi-floor Retail Unit in Great High Street Location. Let to Bonmarché on a 10 year lease at £75,000 p.a.
£895,000FreeholdSwansea SA1 3AQ
31st October 2018

Description

Description
The property comprises a mid terrace three storey building with basement constructed c.1900 as a department store.
Rear loading is provided off a small yard leading onto the adjacent Plymouth Street. Situated in a prominent position on Oxford Street well situated to benefit from the proposed City Centre Regeneration of the Kingsway and surrounding areas.
Nearby occupiers include Waterstones and Natwest Bank.

Freehold and VAT free.

Tenancies
The entire building is let to Bonmarché Ltd on an effective full repairing and insuring lease (subject to a Schedule of Condition) for a term of 10 years from 25 March 2012 at an annual rental of £75,000.

Accommodation
Basement : 3,719 sq ft / 345.5 sq m
Ground (Retail) : 3,713 sq ft / 344.9 sq m
First : 3,973 sq ft / 369.2 sq m
Second : 3,373 sq ft / 313.4 sq m
TOTAL : 14,778 sq ft / 1,373 sq m

Location
The property is located on the edge of the prime retail pitch of Oxford Street within Swansea City Centre.
Swansea has a population of c.223,000 with a catchment of 537,000 within a 30 minute drive time. The City also boasts a large student population of over 22,000 students spread across Swansea University and University of Wales Trinity St Davids

21 Oxford St, Swansea SA1 3AQ, UK

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