Property Overview
A fantastic opportunity to occupy this modern Grade A office building offering up to 4,792 sq ft of air conditioned space with up to 4 car parking spaces.
This office can offer suites ranging from 729sq ft up to 3810 sq ft, totalling 4,792 sq ft for the whole office space.
The Urban Village development is in the heart of major regeneration works ongoing on Swansea’s High Street.
Urban Village is home to many professional occupiers to include Coastal Housing Group, Asbri Planning, HST Marine, Ever Nimble, Marine Power Systems plus a cluster of Creative and Tech businesses.
Location
The Urban Village development is located on Swansea High Street and benefits from a very short walk to Swansea city centre and Swansea Central Railway Station, which offers direct services to Bristol, Cardiff and London.
The building is in close proximity to Swansea City Centre which offers a range of retail and leisure operations, including Las Iguanas, Turtle Bay, Five Guys, Nando’s, Coffee One, Zara & Slug and Lettuce.
The M4 is easily accessible approximately 3 miles to the East via Fabian Way.
Specification
The property benefits from the following features.
Accommodation
The property provides up to 4,792 sq ft the following accommodation measured on an NIA basis.
Communal W.C and shower facilities are situated on each floor.
UNIT | M2 | SQ FT | CAR PARKING |
Suite 1 | 67.7 | 729 | 1 space |
Suite 2 | 121 | 1,303 | 1 space |
Suite 3 | 165 | 1,778 | 2 spaces |
Full office space (excluding communal areas) |
353.7 | 3,810 | 4 spaces |
Terms
Quoting rents
Suite 1: £9,500 per annum excl.
Suite 2: £16,500 per annum excl.
Suite 3: £20,000 per annum excl.
Tenure
The accommodation is available by way of a new effective full repairing and insuring lease via a service charge.
Service Charge & Insurance (This will be reassessed if the space is subdivided)
A Service Charge is payable towards maintenance and upkeep of the common parts of the property. The payments are currently as set out below:
Service Charge: £16,684.20 per annum*
Insurance: £643.82 per annum*
Lift Insurance surcharge: £74.90 per annum*
*These are currently being assessed.
Planning
We understand that the property currently benefits from B1 planning consent for its current use as offices .
We would encourage interested parties to make their own enquiries with the local planning authority in this regard.
Business Rates (This will be reassessed if the space is subdivided)
Rateable Value – £55,000
Rates Payable (2023/2024) – £29,428 per annum
EPC
An EPC has been commissioned and will be made available in due course.
VAT & Legal Costs
All prices, premiums and rents are quoted exclusive of VAT. Each party is responsible for their own legal costs incurred in any transaction.
Viewing & Further information
For further information, or if you would like to arrange a viewing, please contact us.
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