Cedar House, Lion Way, Enterprise Park, Swansea, SA7 9FZ
- Property Type: Investment
- Size: 220 sq m (2,378 sq ft)
- MULTI-LET OFFICE INVESTMENT
- TOTAL POTENTIAL INCOME £25,600 PAX
- 4 OFFICE SUITES (TOTAL FLOOR AREA 2,378 SQ FT)
- LET ON FLEXIBLE TENANCY TERMS
- LOCATED IN THE HEART OF SWANSEA ENTERPRISE PARK
The property is located in the heart of Swansea Enterprise Park. Access is provided via Lion Way, which is one of the side roads off Phoenix Way, the main access road. Prominent occupiers in the immediate vicinity include Greggs, Screwfix, Oakland Furniture and Home Bargains.
The office accommodation comprises of 4 individual suites in a two-storey office building. Shared lobby and toilet facilities exist to the ground and first floor. Externally, the property benefits from shared use of a large car parking area to the side of the building.
TENURE
Long Leasehold 125 years from 25th March 1984 (approx. 88 years remaining). Ground rent £1,430.52pa plus VAT, reviewed every 5 years to 15% of rack rent. Copy available on request.
TENANCIES
Three suites let on flexible tenancies producing £19,200pax. Potential income £25,600pax
PRICE
Offers in the region of £250,000
EPC
Available on request