LOCATION

The property is located in a prominent position on Quay Street, which is the main pedestrianised area of Ammanford Town Centre. Ammanford is located approximately 5 miles from the M4 motorway and approximately 17 miles from Swansea City Centre.

Nearby occupiers include a mix of local and national retailers including, Greggs, Card Factory, Lloyds Bank, Home Bargains, Iceland and Jenkins Bakery.

DESCRIPTION

The property comprises a three-storey commercial premises, comprising a ground floor shop, together with a self-contained first and second floor office.

The ground floor shop is accessed via a glazed shop front from the pedestrianised Quay Street and comprises a main sales area, supported by a walkthrough office room, staff kitchen and WC facilities. The retail premises is currently occupied by WAM Enterprises Limited T/a The Vape Escape.

The first and second floors are also accessed via a separate access from Quay

Street and are occupied by Salter Kelly Solicitors. Internally the offices comprise of a number of cellular office rooms with staff kitchen and WC facilities.

AREA	m2	ft2
Ground Floor Sales	48.16 sq m	518 sq ft
Ground Floor Ancillary	35.77 sq m	385 sq ft
First Floor Office	52.20 sq m	561 sq ft
First Floor Staff Room/Storage	13.10 sq m	141 sq ft
Second Floor Office	17.90 sq m	192 sq ft

TENURE

The property is available Freehold.

TERMS

The Freehold of the entire building is for sale at an asking price of £170,000 which equates to a gross initial yield of 8.9%.

LEASE TERMS

Ground Floor: Occupied on a 5 year internal repairing and insuring Lease with 3rd year tenant only break- option to WAM Enterprises Limited T/a The Vape Escape. Let at an agreed Rent of £10,000pax.

First/Second Floor Office: Occupied on a 5 year internal repairing and insuring Lease with 3^rd year tenant only break-option. Let at an agreed Rent of £5,200pax

Further Lease details and tenant information can be provided upon application.

EPC RATING

Available upon request.

VAT

All figures are exclusive of VAT, where applicable.

CONTACT

For further information and to arrange a viewing please contact Glanmor Chartered Surveyors.

Tel: 01792 439105
Email: info@glanmorproperty.co.uk

SUBJECT TO CONTRACT Disclaimer: Glanmor Property Limited, December 2022
Important notice relating to the Misrepresentation Act 1967. Glanmor Property Ltd act for itself and the vendor as agents for the vendor give notice that: 1. We provide the information contained in these particulars for guidance to intending purchasers, licensees or any other third parties and they are for your general information only and will be used at your own risk. 2. We will use all reasonable endeavors to ensure the accuracy of information, however, we do not guarantee or warrant the accuracy or completeness, factual correctness or reliability of any information in the particulars (especially as the information may have been obtained from third parties) and do not accept any liability for any errors or omission including any inaccuracies or typographical errors. 3. Any interested purchasers, licensees or any third parties should not view the information in the particulars as statements or representations of fact and should satisfy themselves that the facts and specific details in the particulars are correct and accurate especially in relation to floor areas and other measurements through inspection or other means, as appropriate, and will be responsible for taking independent surveys or valuations before entering into any legally binding transaction in respect of the property or premises that is the subject matter of these particulars. 4. We have not made any investigations or otherwise of any issues concerning pollution and potential land, building, air or water contamination. Prospective purchasers, licensees or any third parties must undertake their own enquiries and satisfy themselves in this regard. 5. Unless otherwise stated, all prices and rents are quoted exclusive of VAT.