3 Church St 3,871 SF Retail Building Swansea SA4 3EA $322,208 ($83.24/SF)

3 & 3a Church Street comprise two retail properties which can be purchased individually or as a whole, with vehicular parking and two access points off Sterry Road and Church Street.
3 Church Street is currently trading as Gowerton Country Stores with 3a offering mobility equipment (trading as Red Dragon Mobility).
3 Church Street – Asking price of £240,000
3a Church Street – Asking price of £295,000
Whole site - Offers Invited
3 Church Street: We understand the property is held on a Long Leasehold and note the details below.
Date: 10 February 2023
Parties: (1) Parc Mawr Investments Limited
(2) B E Davies Term: 75 years from 29 September 2020
Ground Rent: £1,500 per annum (subject to review every 15 years)
Review Basis: Market Rent excluding tenant’s improvements made before and after commencement of the lease
Other terms: The tenant meets all occupational costs, repairs and pays the landlord’s insurance premium.
3 Church Street:
The Property is a semi-detached structure of steel frame clad with corrugated sheets with a brick front elevation which was built for food production. This original building has been extended by the vendor to front and rear, overclad and comprehensively refurbished for the sale of mobility products, fishing and pet supplies. Internally the building has plastered walls and ceilings with surface mounted lighting. The ground floor is mainly set to sales, with a lean-to store, staff room and WC Facilities off. The first floor area provides storage and access is currently provided to 3a Church Street at ground level, but this can be sealed off. The subject property is edged yellow on the site plan. The site measures approximately 0.07 acres.
The properties are situated within the village of Gowerton which is approximately 4 miles north west of Swansea City Centre. Gowerton is a residential area which offers a number of businesses, as well as a railway station with routes to Swansea. Access to the site can be gained from Church Street and Sterry Road. As the second largest city in Wales, Swansea forms part of the wider City and County of Swansea administrative area and serves as a key commercial and cultural centre for the region. Known for its extensive coastline, vibrant waterfront, and proximity to the renowned Gower Peninsula, the city benefits from excellent transport links, including access via the M4 motorway, direct rail connections to Cardiff, Bristol and London as well as frequent regional bus services.