The subject property comprises a ground floor retail unit with additional basement store/ cellar, which is currently occupied for use as a licenced bar and restaurant.

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.

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.

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.

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.

Description - The subject property comprises a ground floor retail unit with additional basement store/ cellar, which is currently occupied for use as a licenced bar and restaurant.

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.

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.

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.

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.

Location - The property is situated fronting Uplands Crescent in Swansea City Centre.

The property is situated in a prominent position in the busy local shopping area of the Uplands, which forms part of a parade of shops and established businesses serving the local residents and passing trade.

The Uplands is a secondary retail area approximately 1 mile from Swansea City Centre with a large residential population surrounding. Uplands is also considered to be a popular sought after residential and commercial location.

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

GROUND FLOOR (Bar Area)

Net Internal Area; 70.75 sq.m (761.55 sq. ft.)

Sales Area: 70.75 sq.m (761.55 sq. ft.)
with fully fitted bar and various seating for approximately 46 covers.

Shop Depth: 18.47m (60'7")

Internal Width: 4.52m (14'10")

Sales (ITZA): 42.51 sq.m (457.57 sq. ft.)

Roof Terrace/ Beer Garden
accessed to the rear of the main sales area and arranged over a split level, with door to

Customer W.C. Facilities

LOWER GROUND FLOOR (Bar Area)

Net internal Area; 25.45 sq.m (274.02 sq. ft.)

Function Room: 4.60m x 5.76m
with various booth seating for approximately 12 covers, door to.

Smoking Shelter
with access to rear lane.

BASEMENT (Bar Area)

Net Internal area: 34.01 sq.m (366.08 sq. ft.)

Storage: 23.23 sq.m (250.04 sq. ft.)
comprising various storage areas.

Beer Cellar: 10.78 sq.m (116.03 sq. ft.)
fully fitted with an integrated cooling unit

W.C. Facilities

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

Rateable Value (2023): £19,000

Please be advised that the Rateable Value disclosed above is for the entire premises. We therefore advise that the Rateable Value in the subject premises will need to be reassessed. The Valuation Summary can be seen as follows.

Description

GF Bar/ Restaurant: 67.50 @ £155.00 = £10,463
Basement Store: 44.70 @ £38.75 = £1,732
FF Kitchen: 19.84 @ £75.95 = £1,507
FF Restaurant: 30.52 @ £108.50 = £3,311
SF Staff Room: 12.21 @ £27.13 = £331
SF Restaurant: 21.00 @ £54.25 = £1,139
SF Public Toilets: 22.54 @ £27.13 = £612

Total: 218.30 = £19,095
Rateable Value (rounded down) = £19,000

From April 2018 the Welsh Government set the multiplier according to the Consumer Price Index (CPI) and for the financial year 2023-24 the multiplier will be 0.535.

We advise that all enquiries should be made with the Local Authority Rates Department to verify this information. For further information visit .

Vat - Please be advised that all figures quoted are exclusive of VAT (if applicable).

Terms & Tenure - The premises is available on a new effective full repairing and insuring occupational lease (under terms to be negotiated).

The proposed new effective letting will also be offered on a "turn-key" basis to include the use of the business fixtures and fittings, which will be subject to a Deposit Deed and Inventory.

We further advise that the subject premises can also be acquired and subdivided to accommodate the main bar facilities over the ground floor and basement store/ cellar or alternatively the function room over the lower ground floor to the rear. The proposed quoting rents are as follows.

Ground Floor/ Basement: £15,000 per annum (exclusive)

Lower Ground Floor: £5,200 per annum (exclusive)

Alternatively, the subject premises can be sold in its entirety with the benefit of the Freehold interest.

Viewing - By appointment with Sole Agents:

Astleys Chartered Surveyors
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