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63-65 St. Teilo St
693 SF of Assignment Available in Swansea SA4 8ST
Assignment Highlights
- Lease and Sale for Business
- Two Residential Apartments on the Upper Floors
- Fully Fitted Restaurant & Takeaway
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 693 SF | May 2039 | $46.30 CAD/SF/YR $3.86 CAD/SF/MO $498.36 CAD/m²/YR $41.53 CAD/m²/MO $2,674 CAD/MO $32,085 CAD/YR | TBD |
Ground
This fully fitted fish and chip shop is available to let by way of lease assignment, The lease is from 1st May 2024 for a term of 15 years at a current rent passing of £18,000 per annum. The rent will increase to £21,600 per annum from May 2025. Offers in the region of £49,000 are invited fro the premium for the business.
- Use Class: A5
- Assignment space available from current tenant
- Fully Built-Out as a Fast Food Restaurant
- Located in-line with other retail
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS FOR 63-65 St. Teilo St , Swansea, WGN SA4 8ST
| Property Type | Retail | Gross Leasable Area | 3,815 SF |
| Property Subtype | Storefront | Year Built | 1900 |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 3,815 SF |
| Year Built | 1900 |
About the Property
The subject premises comprises a double fronted two storey mixed use property, which is currently occupied for use as a fish and chip shop (trading as Arthur Cody Cafe) over the ground floor with ancillary accommodation, including various storage rooms, staff kitchen, w.c. facilities and a large workshop unit and former bakery to the rear. The subject premises is situated along prominent position within the established high street location of St Teilo Street. The subject premises is also positioned adjacent to the ancillary customer car parking entrance to Tesco Superstore, which appears to be the town's main supermarket.
-
Sean Thomas -
Astley Chartered Surveyors
Presented by
63-65 St. Teilo St
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