37 Woodfield Street Morriston Swansea SA6 8AB

  • 37 Woodfield Street<br>Morriston<br>Swansea<br>SA6 8AB

37 Woodfield Street
Morriston
Swansea
SA6 8AB

Freehold Retail Investment

  • Entirely let to The Original Travel House Limited - a part of Hays Travel
  • New 10-year lease from July 2023 (subject to option)
  • VAT-free investment
  • Town centre location
  • Nearby occupiers include Iceland Supermarket, Heron Foods, Boots Pharmacy, Domino's and Greggs
  • Lot
    25
  • Auction
    15th February 2024
  • Rent
    £10,500 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Freehold Retail Investment

  • Entirely let to The Original Travel House Limited - a part of Hays Travel
  • New 10-year lease from July 2023 (subject to option)
  • VAT-free investment
  • Town centre location
  • Nearby occupiers include Iceland Supermarket, Heron Foods, Boots Pharmacy, Domino's and Greggs
  • Lot 25
  • Auction 15th February 2024
  • Rent £10,500 per Annum Exclusive
  • Status Withdrawn Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
3 miles north of Swansea City Centre, 46 miles north-west of Cardiff
Roads
A48, A4067, M4 (Junction 45)
Rail
Llansamlet, Swansea Train Station
Air
Cardiff International Airport
Situation

The property is situated on the east side of Woodfield Street, in the heart of Morriston town centre, within close proximity to Neath Road (A4067). Nearby occupiers include Iceland Supermarket, Heron Foods, Boots Pharmacy, Domino's and Greggs.

Tenure

Freehold.

Location
Miles
3 miles north of Swansea City Centre, 46 miles north-west of Cardiff
Roads
A48, A4067, M4 (Junction 45)
Rail
Llansamlet, Swansea Train Station
Air
Cardiff International Airport
Situation

The property is situated on the east side of Woodfield Street, in the heart of Morriston town centre, within close proximity to Neath Road (A4067). Nearby occupiers include Iceland Supermarket, Heron Foods, Boots Pharmacy, Domino's and Greggs.

Tenure

Freehold.

Description

The property comprises a shop arranged on the ground, basement and first floors.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Band B

Description

The property comprises a shop arranged on the ground, basement and first floors.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Band B

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m (1)
Floor Areas
(Approx sq ft) (1)
Tenant Term Rent p.a.x. Rent Review
Ground
Basement
First
Retail/Ancillary
Ancillary
Ancillary
32.23
21.27
32.05
(347)
(229)
(345)
THE ORIGINAL TRAVEL HOUSE LIMITED (2) 10 years from 31/07/2023 on a full repairing and insuring lease (3)
£10,500
31/07/2028
Total  
85.55
(921)
   
£10,500
 

(1) Areas provided by VOA (www.gov.uk/find-business-rates).
(2) Established in 1992, The Original Travel House Limited are established travel agents with 16 shops located in South Wales (www.travelhouse.co.uk). The company was acquired by Hays Travel in November 2023.
(3) The lease is subject to a tenant option to determine on 31/07/2028. The lease is also 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

  • Brochure
    Updated Date
    08.04.24
    File Size
    3 MB
    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
Henry JohnHenry John +44 (0)20 7034 4860 +44 (0)7876 884 320henry.john@acuitus.co.uk
Seller's Solicitors
JCP Solicitors Venture Court,Waterside Business Park,Valley Way,Enterprise Park
Swansea
Wales
SA6 8AH
Mark Gilroy 01792 773773mark.gilroy@jcpsolicitors.co.uk

Useful Links

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

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