High Street, Gorseinon, Swansea Mixed use for sale

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High Street, Gorseinon, Swansea Mixed use for sale

High Street, Gorseinon, Swansea
£630,000

Our Summary

  • A large mixed use investment opportunity with potential for further rental growth

Description

This substantial end-terrace mixed-use property is located on a prominent main road in Gorseinon town centre, boasting a total internal floor area of 526.24 sq.m (5,644.44 sq. ft.). The property consists of a large ground-floor retail unit, which has been extended to the rear to include a workshop unit, and eight self-contained residential apartments over the first floor. The retail unit is occupied by RJ Auto, trading on a standard business tenancy, while the residential apartments are subdivided into three separate areas, with a total gross rent of £65,380 per annum. The property also benefits from a large public car park to the rear, with 30 parking spaces, and is located near a variety of local businesses and amenities. Gorseinon is situated approximately 6.3 miles north-west of Swansea City Centre and is easily accessible via the M4 motorway.