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2-3 Oxford St

49,373 SF Vacant Retail Building Swansea SA1 3AE $5,386,565 ($109/SF) 13.77% Cap Rate

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Investment Highlights

Investment Opportunity
Up to 4.5m Floor to Ceiling Height
Suitable for Leisure /D1 /Medical or a variety of other uses

Prime City Centre Location
Planning for HMO or Hotel Development

Executive Summary

A sale of the whole building for offers in excess of £4,250,000, showing a reversionary yield of 13.77% after purchaser’s costs of 6.8%

Marketing brochure

Property Facts

Sale Type

Investment

Property Type

Retail

Tenure

Freehold

Property Subtype

Department Store

Building Size

49,373 SF

Building Class

Year Built

1953

Price

$5,386,565

Price Per SF

$109

Cap Rate

13.77%

NOI

$741,730

Percent Leased

Vacant

Tenancy

Multiple

Building Height

4 Stories

Building FAR

0.58

Land Acres

1.95 AC

Frontage

77 FT on Oxford Street

Amenities

Storage Space

Space Availability

Ground
47,205 SF
Retail
In-Line
Now

2-3 Oxford St, Swansea for sale Building Photo- Image 1 of 1 — Building Photo

The property benefits from internal escalators, passenger lift & goods lift access and a rear delivery access. Depending on usage, rental level and lease term, the Landlord is open to carrying out works to remove pillars and increase ceiling height if the need arises. A letting of the vacant space for £260,000p.a. (£6.90 per sq.ft.). Depending on usage, rental level and lease term, the Landlord is open to carrying out works to remove pillars and increase ceiling height if the need arises.