Description
A modern steel framed warehouse building with corrugated steel clad elevations and roof. The building is self-contained with 6.5m eaves height and mezzanine areas with substantial floor loading and forklift loading.
In addition there is a modern warehouse extension to the rear, supported by a 2 storey office with glazing throughout, a kitchenette
and meeting rooms.
The exterior of the building boasts 6 ground level loading doors, a self-contained yard, parking area for circa 100 car parking spaces and 14 HGV parking spaces in its existing configuration. The yard is open with the opportunity for additional external storage.

Terms
The property is available to purchase on long leasehold interest from 12th October 2004 for a term of 125 years, at a ground rent of £500+VAT per annum as per title registered CYM205371. A copy of the lease is available on request. The Freeholder is The Council of the City and County of Swansea.

Price
The property is available at an asking price of £2,500,000 Ex VAT

Planning
The property is understood to currently have planning consent B2 (general industrial). It may be suitable for other uses subject to planning consent
– interested parties are advised to enquire with the local authority.

Business Rates
The rateable value is currently £116,000 as of 1 April 2023. Rates payable for 2025/26 in Wales are 56.8p to the £1.

Viewings
For all enquiries or further information, please contact the sole agents, Savills

Legal Costs
Each party is to be responsible for their own legal costs incurred in any transaction.