Retail/ trade counter unit situated within an established trading location and development, which is made up of a number of terraced blocks forming a range of various size trade counter units.
The unit offers a minimum eaves height of 4.7m and also adjoins Unit 4, which could also form part of the demise (price on application).
Tower Court Estate is accessed off St David’s Road with the established trading location of Swansea Enterprise Park. Access onto St David’s Road is provided via the main roundabout leading into the Enterprise Zone within immediately proximity of Smyths Toy Store.
The estate comprises 18 units of various sizes ranging from 294 – 588 sq m (3,168 – 6,336 sq ft). Occupiers situated within the estate include St Johns Ambulance, Sweet Dreams, Aston & Fincher and Nico Bond.
The property provides the following approximate dimensions and areas:
As stated on the VOA website the Rateable Value for the subject premises is as follows:
Rateable Value (2010): £21,750
Wales UBR (2015/16): 48.2
We advise that all enquiries should be made with the Local Authority Rates Department to verify this information. For further information visit www.voa.gov.uk
All figures quoted are exclusive of VAT. Our client reserves the right to levy VAT on this transaction (where applicable).
Our client’s interest is available by the way of a new effective Full Repairing and Insuring Lease (under terms to be negotiated).
A service charge is payable in relation to the joint shared maintenance of the common areas of the Estate. The Landlord will also recover the building insurance premium levied on each unit.
We also note that a change of use planning application from retail (Class A1) to a gymnasium (D2) has been registered with the Local Planning Authority. See Application No 2014/1690