37 Uplands Cres 1,645 SF of Retail Space Available in Swansea SA2 0HP

FOR SALE OR TO LET AS A FULLY FITTED "TURNKEY" OPPORTUNITY (WITH POTENTIAL FOR FULL VACANT POSSESSION). The subject property comprises a three-storey (plus basement), mid terraced commercial premises which is situated within the sough after area and suburb of Uplands, along of the edge of Swansea city centre, measuring approximately 226.95 sq.m (2,442.88 sq. ft.) in total. The premises is available Freehold. We advise that the subject premises is currently occupied by two separate tenants but we have been informed that the entire premises has the potential to be offered with full vacant possession. We therefore advise that the subject premises is also available to let on a new effective full repairing and insuring lease (under terms to be negotiated). The entire premises can either be let as a whole or alternatively subdivided, with the ground and basement to be let separately from the first and second floors. Offers in the region of £440,000 OR £30,000 PA. The main sales area arranged over the ground floor, which can be accessed directly off the main pedestrian walkway to the front via an entrance vestibule, benefits from a gross sales depth of approx. 18.47m, which has been subdivided in part to accommodate a fully fitted bar area. The main bar also accommodates various seating for approximately 46 covers in total. Ancillary accommodation in the form of a cellar store is also available over the basement, which can be accessed via an internal stairwell off the main sales area. An enclosed roof terrace and beer garden (including customer w.c. facilities) are also available to the rear of the main sales area, which provides additional seating for a further 28 covers, which also includes a small smoking shelter over the lower ground floor. A small steel container has also been constructed over the enclosed beer garden, which appears to have recently been refurbished to accommodate a private function room, incorporating booth seating for approximately 12 covers. Please be advised that this section of the building has the potential to be subdivided further, which can be let separately. The remaining accommodation arranged over the upper floors benefits from separate restaurant facilities, comprising the main restaurant area and catering kitchen at first floor level, while the second floor comprises an additional function room, staff room and customer w.c. facilities. We further advise that the entire premises is currently let to two separate occupiers, producing a total rent passing of £30,000 per annum (exclusive) with approximately 14 months remaining.