Rooms 2 & 3, Unit 3 Shoppers Walk... Retail property (high street) to rent - £350 pcm (£81 pw)

The property comprises a mid terraced, two storey retail unit, measuring approximately 69.56 sq.m (748.74 sq. ft.) in total, which is located along an established parade of retail units forming part of Shoppers Walk Arcade.

The subject premises has been refurbished to a good quality specification throughout to comprise a total 6 no. individual treatment rooms (each fitted with separate sink units).

Internally, the premises comprises a ground floor retail unit, which has been subdivided to accommodate a small reception area and three individual rooms. The remaining accommodation arranged over the first floor, which can be accessed over the internal stairwell, comprises three additional rooms over the majority of its floor area, together with separate communal w.c. facilities.

We advise that the individual rooms are available to let, which will also benefit from the use of the various communal areas throughout the premises.

Description - The property comprises a mid terraced, two storey retail unit, measuring approximately 69.56 sq.m (748.74 sq. ft.) in total, which is located along an established parade of retail units forming part of Shoppers Walk Arcade.

The subject premises has been refurbished to a good quality specification throughout to comprise a total 6 no. individual treatment rooms (each fitted with separate sink units).

Internally, the premises comprises a ground floor retail unit, which has been subdivided to accommodate a small reception area and three individual rooms. The remaining accommodation arranged over the first floor, which can be accessed over the internal stairwell, comprises three additional rooms over the majority of its floor area, together with separate communal w.c. facilities.

We advise that the individual rooms are available to let, which will also benefit from the use of the various communal areas throughout the premises.

Location - The property forms part of an established shopping arcade (known as Shoppers Walk), which is located within the immediate vicinity of the prime retail areas of Swansea city centre.

Shoppers Walk comprises a purpose built parade of similar units, comprising approximately 15 no. retail units in total, strategically located between Oxford Street and Singleton Street, which benefits from good passing trade.

The immediate vicinity also provides ease of access to the Grand Theatre/ Oxford Street pay and display public car park, providing parking facilities for approximately 90 vehicles.

Accommodation - The subject property affords the following approximate dimensions and areas:

Net Internal Area: 69.56 sq.m (748.74 sq. ft.)

GROUND FLOOR

Sales Area: 40.01 sq.m (430.68 sq. ft.)

Shop Depth: 9.66m (31’8")

Net Frontage: 4.46m (14’7")

We further advise that the main sales area has been subdivided to comprise the following.

Room 1 (Let): 2.09m x 2.42m

Room 2 (Available): 2.08m x 2.67m

Room 3 (Available): 2.09m x 2.68m

FIRST FLOOR

Ancillary Sales: 29.55 sq.m (318.08 sq. ft.)
which has been subdivided to comprise the following.

Room 4 (Let): 2.17m x 2.76m

Room 5 (Let): 2.01m x 4.06m

Room 6 (Let): 2.01m x 2.68m

W.C. Facilities
communal facilities comprising a single toilet cubicle

Rates - As stated on the VOA website the Rateable Value for the subject premises is as follows:

Rateable Value (2023): £4,200

From April 2018 the Welsh Government set the multiplier according to the Consumer Price Index (CPI) and for the financial year 2025-26 the multiplier will be 0.568.

Rates relief for small business with a rateable value up to £6,000 will receive 100% relief and those with a rateable value between £6,001 and £12,000 will receive relief that will be reduced on a tapered basis from 100% to zero.

The subject premises is therefore eligible for 100% small business rates relief, subject t