21 Oxford Street, Swansea

Offers in excess of £695,000

Property type
Residential / Retail
Tenure
For Sale
Size
14,778 sq ft
Price
Offers in excess of £695,000
Business Rates
Upon enquiry
Energy Performance Rating
Upon enquiry
Mixed Use three storey City Centre property in Central High Street Location. FREEHOLD INVESTMENT AND DEVELOPMENT OPPORTUNITY

The property comprises a mid-terrace three storey building plus basement constructed c.1900 as a department store.

The site occupies a prominent position on Oxford Street and is well situated to benefit from the proposed City Centre Regeneration of the Kingsway and surrounding areas. Nearby occupiers include Waterstones and Nat West Bank.

Rear loading is provided off a small yard leading onto the adjacent Plymouth Street.

• Mixed Use three storey City Centre property in Central High Street Location.
• Ground Floor and Basement Let to Bonmarche.
• Front and Rear Private Access.
• Attractive Bay Windows and High Ceilings.

Basement: 3,719 sq ft / 345.5 sq m
Ground (Retail) : 3,713 sq ft / 344.9 sq m
First: 4,400 sq ft / 410 sq m
Second: 4,400 sq ft / 410 sq m (after building works)
TOTAL: 14,778 sq ft / 1,373 sq m

Location
The property is located on the edge of the prime retail pitch of Oxford Street within Swansea City Centre. Swansea has a population of more than 311,000 with a catchment of 537,000 within a 30-minute drive time. The city also boasts a large student population of over 24,000 students spread across Swansea University and University of Wales Trinity St David.

FREEHOLD INVESTMENT AND DEVELOPMENT OPPORTUNITY FOR SALE
- Mixed Use three storey City Centre property in Central High Street Location
- The property is let to Bonmarche Properties Ltd (BM) on a new lease for a term of 5 years from July 21 at an annual rental of £40k rising in year 2 to £45k, and thereafter £50k with a tenant break at year 3.
- First Floor - Suitable For Professional Offices With Potential Rent of £35k pa Or Alternative Uses.
- Planning permission for 10 flats with a further 3 flats pending
- Front and Rear Private Access.
- Attractive Bay Windows and High Ceilings.

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