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55 St Helens Rd 1,004 SF Retail Building Swansea SA1 4BD $633,132 CAD ($630.61 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Heart of St Helens Road
  • One of the main thoroughfares into Swansea City
  • Good levels of passing traffic and footfall

EXECUTIVE SUMMARY

The property comprises a substantial mid terraced premises of traditional construction. The property is mixed use between commercial and residential. The Freehold interest in our client’s property is available For Sale at an asking price of £330,000 (Three Hundred and Thirty Thousand Pounds). The basement and ground floor A3 premises will be vacant possession upon purchase.
The basement and ground floor are a commercial A3 premise, with the first and second floor being residential one bedroom flats.
The ground floor commercial unit has prominent frontage to St Helens Road, and benefits from a canopy at the front and is currently being used as popular Italian restaurant Topo Gigio.
The ground floor restaurant has an open seating area, leading to the bar area, that leads through to a fully functioning kitchen, with ancillary storage. WC facilities for the restaurant are located at the first floor.
The basement commercial premises comprises a large open room, with bar area and WC facilities, which was previously used for private functions by Topo Gigio.
The first floor residential one bedroom flat comprises of a living room, kitchen, bathroom and separate bedroom.
The second floor residential one bedroom flat comprises of a living room, kitchen, bathroom and separate bedroom.
The premises benefits from split access to the front, the commercial basement premises has a separate staircase leading down from the front and from inside. The first floor and second floor residential also have separated access from the ground floor commercial premises.
To the rear of the premises there is additional ancillary storage and a yard that has access to a rear outbuilding that is currently being used as a workshop.
The business has been known as its current trading name for many years and is regarded as one of the cornerstones of the local community. The business premises is now being reluctantly sold due to the owners wish to enjoy a well-earned retirement. This is well-established business with a very good reputation and many existing customers.

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Building Size
1,004 SF
Building Class
B
Year Built
1930
Price
$633,132 CAD
Price Per SF
$630.61 CAD
Tenancy
Single
Building Height
4 Stories
Building FAR
0.66
Lot Size
0.04 AC
Parking
1 Spaces (0.99 Spaces per 1,000 SF Leased)
Frontage
19’ on St Helens Rd

AMENITIES

  • Bus Line
  • Signage

NEARBY MAJOR RETAILERS

Co-op
Nisa
YMCA
Costa Coffee
Starbucks
Santander
NatWest
HSBC Bank Plc
Checkers Cafe
Chopstix Noodle Bar
  • Listing ID: 29486958

  • Date on Market: 2023-09-11

  • Last Updated:

  • Address: 55 St Helens Rd, Swansea SA1 4BD

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