37 Woodfield Street Morriston Swansea SA6 8AB

37 Woodfield Street
Morriston
Swansea
SA6 8AB

Freehold Retail Investment

Entirely let to The Original Travel House Limited - a part of Hays Travel
New 10-year lease from July 2023 (subject to option)
VAT-free investment
Town centre location
Nearby occupiers include Iceland Supermarket, Heron Foods, Boots Pharmacy, Domino's and Greggs

Lot
25
Auction
15th February 2024
Rent
£10,500 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
Live Streamed Auction

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Freehold Retail Investment

Entirely let to The Original Travel House Limited - a part of Hays Travel
New 10-year lease from July 2023 (subject to option)
VAT-free investment
Town centre location
Nearby occupiers include Iceland Supermarket, Heron Foods, Boots Pharmacy, Domino's and Greggs

Lot 25
Auction 15th February 2024
Rent £10,500 per Annum Exclusive
Status Withdrawn Post
Price
Sector
High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 3 miles north of Swansea City Centre, 46 miles north-west of Cardiff
Roads: A48, A4067, M4 (Junction 45)
Rail: Llansamlet, Swansea Train Station
Air: Cardiff International Airport

Situation

The property is situated on the east side of Woodfield Street, in the heart of Morriston town centre, within close proximity to Neath Road (A4067). Nearby occupiers include Iceland Supermarket, Heron Foods, Boots Pharmacy, Domino's and Greggs.

Tenure

Freehold.

Location

Miles: 3 miles north of Swansea City Centre, 46 miles north-west of Cardiff
Roads: A48, A4067, M4 (Junction 45)
Rail: Llansamlet, Swansea Train Station
Air: Cardiff International Airport

Situation

Tenure

Freehold.

Description

The property comprises a shop arranged on the ground, basement and first floors.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Band B

Description

The property comprises a shop arranged on the ground, basement and first floors.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Band B

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m (1)	Floor Areas (Approx sq ft) (1)	Tenant	Term	Rent p.a.x.	Rent Review
Ground Basement First	Retail/Ancillary Ancillary Ancillary	32.23 21.27 32.05	(347) (229) (345)	THE ORIGINAL TRAVEL HOUSE LIMITED (2)	10 years from 31/07/2023 on a full repairing and insuring lease (3)	£10,500	31/07/2028
Total		85.55	(921)			£10,500

(1) Areas provided by VOA (www.gov.uk/find-business-rates).
(2) Established in 1992, The Original Travel House Limited are established travel agents with 16 shops located in South Wales (www.travelhouse.co.uk). The company was acquired by Hays Travel in November 2023.
(3) The lease is subject to a tenant option to determine on 31/07/2028. The lease is also subject to a schedule of condition.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.