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Investment Highlights

  • CITY CENTRE RETAIL INVESTMENT
  • CURRENT RENTAL INCOME £35,000PAX
  • OFFERS IN THE REGION OF £650,000
  • FOUR SELF CONTAINED RETAIL UNITS
  • FUTURE RENTAL INCOME £52,500PAX

Executive Summary

The property comprises of a corner two and three storey development. Independent access is provided to each retail unit. Unit 1 benefits from an extremely prominent corner position and outside seating. 3 out of 4 units are currently tenanted.
The development is located alongside Quadrant Shopping Centre, located on the corner of Nelson Street and Union Street, close to the entrance of the indoor market. Neighbouring occupiers include Santander, Burger King, Vodafone, WH Smiths and Pandora.
The property is held Freehold. Offers in the region of £650,000.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
3,366 SF
Building Class
B
Year Built/Renovated
1907/2009
Price
$977,873 CAD
Price Per SF
$290.51 CAD
Percent Leased
64%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.10
Lot Size
0.07 AC

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 2
  • 833 SF
  • Retail
  • In-Line
  • Now

The subject property comprises a large corner plot with accommodation covering three floors. The ground floor consists of a parade of four retail units with Unit 2 having a small amount of accommodation over the first floor. All of the retail units have an independent access and benefit from modern shop fronts. At present the upper floors are mainly vacant and provide development potential for conversion to residential use, STP.

Space Size Space Use Position Available
2 833 SF Retail In-Line Now

2

Size
833 SF
Space Use
Retail
Position
In-Line
Available
Now

2

Size 833 SF
Space Use Retail
Position In-Line
Available Now

The subject property comprises a large corner plot with accommodation covering three floors. The ground floor consists of a parade of four retail units with Unit 2 having a small amount of accommodation over the first floor. All of the retail units have an independent access and benefit from modern shop fronts. At present the upper floors are mainly vacant and provide development potential for conversion to residential use, STP.

Nearby Major Retailers

Costa Coffee
Starbucks
Co-op
Nisa
Santander
NatWest
HSBC Bank Plc
Chopstix Noodle Bar
Slug & Lettuce Company
Five Guys
  • Listing ID: 35487649

  • Date on Market: 2025-04-15

  • Last Updated:

  • Address: 23 Nelson St, Swansea SA1 3QE

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