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£450,000

Office for sale

Mansel Street, Swansea SA1

£450,000

Office for sale

Mansel Street, Swansea SA1

Description

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Property description

Mansel House is situated on Mansel Street, Swansea, an approximate 5 minute walk from the Quadrant Bus Station. Situated on a busy thoroughfare, this property is located in a prominent position and attracts local occupiers seeking office space.

Mansel Street is home to all types of businesses including A1, A2, and A3 users.

Description

Briefly, this three storey mixed use building has recently been renovated to a high standard and is occupied by local covenants. The ground floor has A1 and A2 users whilst the first and second floors are used as office space.

Office space on Mansel Street is sought after with covenants ranging in strength.

Lease Details

There are currently three Tenants occupying the property, all with leases varying in length. These leases are available to view at our office. There is a single unit available which is being marketed for £6,000 per annum.

There is currently an income of £48,500 per annum exclusive. Based on the current rents, a Gross Initial Yield of 10.78% is possible.

Terms

The Freehold interest in our clients property is available to purchase for £450,000 (Four Hundred and Fifty Thousand Pounds).

Viewing

To make an appointment to view this premises, all interested parties are advised to contact the Sole Letting Agent, Dawsons Commercial on the contact details below.

Under no circumstances are any approaches to be made to the current Tenants.

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Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Street view is not available at this location

Call 01792 738894

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Property reference t-UZVAqEUbs. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Dawsons - Commercial. Please contact the property advertiser directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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