2 Picton Arcade, Swansea, Wales, SA1
£12.22 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
818 sq ft
76 sq m
- SECTOR
High street retail property to lease
- USE CLASSUse class orders: A1 Shops
A1
Lease details
- Lease available date:
- Ask agent
Key features
- Ground Floor Retail Space
- First Floor Storage
- Arcade Location
- Close to Public Carparks
- Close to Bus Station
Description
The property is situated within Picton Arcade, a covered shopping arcade located within Swansea city centre. The arcade is a well-established retail destination, known for its mix of independent retailers.
Picton Arcade comprises a retail lined pedestrian route which links the Kingsway to Oxford Street, two of Swansea City Centre's prime retail and commercial areas. Nearby amenities include a variety of cafés, restaurants, and both national and independent retailers.
The shop benefits from being a short walk from Swansea Bus Station, Swansea's Indoor Market and the shopping Quadrant. The arcade is also next 71/72 The Kingsway, a new City Centre scheme which is expected to provide space for around 600 jobs. There is also a public carpark with approximately 120 spaces a short walk away.
DESCRIPTION
The accommodation comprises an open plan retail area on the ground floor. A rear staircase provides access to the first floor which offers facilities including kitchenette and a WC,
The first floor is currently utilised as storage with a lightweight partition all splitting the area into two rooms. To the front of the first floor, there are double doors which open out onto a small balcony area overlooking the arcade.
TENURE
The property is available on new Internal Repairing & Insuring lease terms to be agreed.
RENT
A quoting rent of £10,000 per annum, exclusive of rates, utilities and service charge.
SERVICE CHARGE
A service charge will be levied to cover the maintenance and upkeep of the arcade.
VAT
All figures are exclusive of VAT, where applicable.
BUSINESS RATES
Our inspection of the rating list shows the following assessment for the subject premises.
Rateable Value: £5,800 (April 2023)
Rates Payable : £0
Eligible small businesses with a rateable value of up to £6,000 will receive 100% relief.
EPC RATING
Rating of D - 87
PLANNING PERMISSION
We have been advised the unit currently has planning consent A1 use. Other uses considered, subject to relevant planning consents.
CONTACT
For further information and to arrange a viewing please contact -
Glanmor Chartered Surveyors
Brochures
2 Picton Arcade, Swansea, Wales, SA1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Swansea Station0.5 miles
- Llansamlet Station4.0 miles
- Gowerton Station4.2 miles
Notes
Disclaimer - Property reference 2PictonArcade. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Glanmor Chartered Surveyors, Swansea. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.