Prominent position on the entrance to the Quadrant Shopping Centre
Approximately 4,311.00 sq m (46,402 sq ft)
Opposite Primark and en route to Bus Station
Includes rear Loading and Car Parking
Nearby occupiers include Primark, Marks & Spencer, Boots, McDonalds, Taco Bell, Costa, River Island and Superdrug
Lot 27
Auction 30th October 2025
Rent £230,000 per Annum Exclusive
Status Sold Post
Price
Sector Retail, High Street Retail
Auction Venue Live Streamed Auction
On Behalf of a Major Fund
Property Information
Location
Miles
42 miles west of Cardiff, 51 miles west of Newport, 85 miles west of Bristol
Roads
A483, A4067, A484
Rail
Swansea Railway Station
Air
Cardiff Airport, Swansea Airport
Situation
The property occupies a prominent retailing position in the heart of Swansea City Centre. Benefits from being situated on St Mary's Square, immediately adjacent to the main entrance of the Quadrant Shopping Centre, as well as directly opposite a major Primark and Swansea Indoor Market. The property benefits from additional frontages within the Quadrant Shopping Centre as well as high footfall from the link to Swansea Bus Station. Nearby occupiers include Primark, Marks & Spencer, Boots, McDonalds, Taco Bell, Costa, River Island and Superdrug.
Tenure
Freehold.
Location
Miles
42 miles west of Cardiff, 51 miles west of Newport, 85 miles west of Bristol
Roads
A483, A4067, A484
Rail
Swansea Railway Station
Air
Cardiff Airport, Swansea Airport
Situation
The property occupies a prominent retailing position in the heart of Swansea City Centre. Benefits from being situated on St Mary's Square, immediately adjacent to the main entrance of the Quadrant Shopping Centre, as well as directly opposite a major Primark and Swansea Indoor Market. The property benefits from additional frontages within the Quadrant Shopping Centre as well as high footfall from the link to Swansea Bus Station. Nearby occupiers include Primark, Marks & Spencer, Boots, McDonalds, Taco Bell, Costa, River Island and Superdrug.
Tenure
Freehold.
Description
The property comprises a substantial retail building providing two substantial retail units, both with ground floor retail accommodation and ancillary accommodation on the first floor, benefitting from rear loading and car parking via Thomas Street.
VAT
VAT is applicable to this lot.
EPC
Unit 1 = Band D. Unit 2 = Band D
Description
The property comprises a substantial retail building providing two substantial retail units, both with ground floor retail accommodation and ancillary accommodation on the first floor, benefitting from rear loading and car parking via Thomas Street.
VAT
VAT is applicable to this lot.
EPC
Unit 1 = Band D. Unit 2 = Band D
Tenancy & Accommodation
Unit
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Reversion
Unit 1
Ground First
Retail Ancillary
1,022.00 1,019.00
(10,997) (10,971)
SUNRISE RECORDS AND ENTERTAINMENT LIMITED (CRN 11805729) t/a HMV (1)
4 years from 25/03/2023
£100,000
31/03/2028
Unit 2
Ground First
Retail Ancillary
1,119.00 1,151.00
(12,043) (12,391)
NEW LOOK RETAILERS LIMITED (CRN 01618428) t/a New Look (2)
5 years from 30/09/2023
£130,000
29/09/2028
Total Approximate Floor Area
4,311.00
(46,402)
£230,000
(1) For the year ending 30/05/2024 Sunrise Records and Entertainment Limited (CRN: 011805729) reported Turnover of £189,597,000 and a Gross Profit of £80,746,000 (Source: Financial Statements as published at Companies House 9/10/2025) (2) For the year ending 30/03/2024 New Look Retailers Limited reported a Turnover of £735,403,000, a Pre Tax loss of negative £3,654,000 and Net Assets of £8,606,000 (Source: Annual Report and Financial Statement 9/10/2025).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
