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St. Helens Road, Swansea Property for sale
St. Helens Road, Swansea
£325,000
St. Helens Road, Swansea
£325,000
Our Summary
- Given the size of the accommodation arranged over the upper floors, this section of the building also has the potential to be converted to a variety of alternative uses, such as various self-contained residential units (subject to planning)
- ground floor (a3) retail units, producing a current rent passing of £21,840 per annum with potential for further rental growth
- A large mixed use investment opportunity with development potential over the upper floors (subject to planning)
Description
The subject property is a mid-terraced, mixed-use building located along St Helens Road in Swansea City Centre. The property has a total net internal area of approximately 4,028 sq ft over three floors, plus a basement. The ground floor is divided into two retail units, each occupied by independent restaurants/hot food takeaway outlets, with a total rent passing of £24,700 per annum. The upper floors were previously used as a massage parlour/health studio, with potential for conversion to alternative uses such as residential units. The property has a small enclosed courtyard to the rear and is located near on-street parking and the primary retail areas of Swansea city centre.