228 Oxford Street Swansea Glamorganshire SA1 3BJ

  • 228 Oxford Street<br>Swansea<br>Glamorganshire<br>SA1 3BJ

228 Oxford Street
Swansea
Glamorganshire
SA1 3BJ

Freehold Charity Shop Investment

  • Let to British Red Cross Society
  • Lease expires September 2024
  • Prominent City Centre location
  • Nearby retailers include Savers Health & Beauty, J. D. Wetherspoon, Greggs, Waterstones, Poundland, Holland & Barrett and H. Samuel
  • Lot
    25
  • Auction
    28th October 2020
  • Rent
    £30,000 per Annum Exclusive
  • Status
    Withdrawn Prior
  • Price
     
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • Expand
  • Photos
  • Map

Freehold Charity Shop Investment

  • Let to British Red Cross Society
  • Lease expires September 2024
  • Prominent City Centre location
  • Nearby retailers include Savers Health & Beauty, J. D. Wetherspoon, Greggs, Waterstones, Poundland, Holland & Barrett and H. Samuel
  • Lot 25
  • Auction 28th October 2020
  • Rent £30,000 per Annum Exclusive
  • Status Withdrawn Prior
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
40 miles west of Cardiff
Roads
A483, M4
Rail
Swansea
Air
Cardiff Airport
Situation

The property is situated in a prominent location on the north side of Oxford Street, in the heart of Swansea City Centre, close to its junction with Plymouth Street. Nearby retailers include Savers Health & Beauty, J. D. Wetherspoon, Greggs, Waterstones, Poundland, Holland & Barrett and H. Samuel.

Tenure

Freehold.

Location
Miles
40 miles west of Cardiff
Roads
A483, M4
Rail
Swansea
Air
Cardiff Airport
Situation

The property is situated in a prominent location on the north side of Oxford Street, in the heart of Swansea City Centre, close to its junction with Plymouth Street. Nearby retailers include Savers Health & Beauty, J. D. Wetherspoon, Greggs, Waterstones, Poundland, Holland & Barrett and H. Samuel.

Tenure

Freehold.

Description

The property comprises a ground floor shop with ancillary accommodation on the first floor.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Band C. See legal pack at www.acuitus.co.uk.

Description

The property comprises a ground floor shop with ancillary accommodation on the first floor.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Band C. See legal pack at www.acuitus.co.uk.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x
Ground
First
Retail
Ancillary
276.32 sq m
242.34 sq m
(2,974 sq ft)
(2,608 sq ft)
BRITISH RED
CROSS SOCIETY
(1)
10 years from 15/09/2014
until 14/09/2024 on a full
repairing and insuring
lease (2)
£30,000
Total
518.66 sq m
(5,582 sq ft)     £30,000

(1) British Red Cross was founded in 1870 and now operates from over 300 shops across the UK (www.redcross.org.uk). The latest set of accounts filed with the Charity Commission show an income of 243,300,000 and a balance sheet of 177,400,000. See register of charities at charitycommision.gov.uk.
(2) The lease is subject to a Schedule of Condition.

If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Catalogue Page
    Updated Date
    07.10.20
    File Size
    5 MB
    View PDF
  • Site Plan
    Updated Date
    07.10.20
    File Size
    918 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
Morgan La Roche Bay House, Tawe Business Village, Phoenix Way, Enterprise Park
Swansea
SA7 9LA
01792 776 792
David Palmer 01792 776 796dpalmer@morganlaroche.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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