0 Bed Detached House For Sale

FOR SALE BY PUBLIC AUCTION: The auction will take place online on 9th December 2025 at 04:27 PM with registration through our website.



Deceptively large investment property in the centre of Swansea let to a long established business for £9600pa, representing an Initial gross yield of 12%.



Description

Deceptively large investment property in the centre of Swansea let to a long established business for £9600pa, representing an Initial gross yield of 12%.



The property is currently operated as a clothing, homeware and gift shop and is long-established in the area. The property briefly comprises the main retail area which continues through a number of widening areas to the rear of the building. There is also an upstairs area to the rear of the property which offers further storage, plus a staff kitchen and WC.



Plymouth Street is a very busy thoroughfare in the centre of Swansea and 57a is close to the entrance of the bus station, Quadrant shopping centre and nearby Swansea indoor market.



We are informed that the property is let to Jigso Cymru, and the passing rent is £9600pa, representing an Initial Gross Yield of 12%. Please though consult the legal pack for further details of the tenancy.







Accommodation

GF - Main retail area, changing room, stores.

FF - Lobby, Store rooms, Kitchen, WC.



Informed Freehold please refer to legal pack for verification of tenure



Additional Fees

Buyer’s Premium – 1.2% with a minimum of 1,200.00 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion.



Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.



Further Information

Auctioneers Office, Seel and Co



Viewing

Viewing by appointment with Seel and Co