Prominent Long Leasehold office suite investment
Office suite fully let to Daiwa House Modular Europe LTD at a rent of £44,000 per annum
Summary
- Long Leasehold office suite investment occupying a prominent waterside location
- Located in the SA1 waterfront development with direct transport links into Swansea City Centre and M4 Corridor via Fabian way
- Single Let to Daiwa Modular Europe LTD on a 5 year FRI lease from 16th September 2022 expiring 15th September 2027.
- Rent passing at £42,000 in Year 1, £44,000 in Year 2 & 3, rising to £46,500 per annum in Year 4 & 5
- Long Leasehold interest of 999 years for sale from 2008
Location
Located within the Ethos building and the SA1 Waterfront development, on the edge of Swansea City Centre and approximately four miles to the west of junction 45 of the M4 Motorway.
The Ethos building fronts onto Kings Road, overlooks the city and river to the rear and has a prominent position within the waterfront development.
Get directions from Google Maps
Mainline Stations
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Swansea9 mins
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Llansamlet68 mins
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Skewen90 mins
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Gowerton93 mins
Underground Station
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Reading2467 mins
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Twyford2554 mins
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Maidenhead2666 mins
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Taplow2700 mins
Further Information
Price Offers in the region of £550,000
Rates Payable £22,436 per annum
Estate Charge n/a
EPC Rating This property has been graded as C (63)
Description
Ethos is one of Swansea's leading office developments which is a detached four storey purpose-built office building and comprises the following specification:
- Underground carpark & bike racks
- Shared W.C Facilities
- Passenger lift
- Communal reception area
- Meeting and conference rooms
- Breakout rooms
- Visitor parking
- Cafe
- Terrace
Tenancy Information
The Suite is let to Daiwa House Modular Europe at a rent of £42,000 in Year 1, rising to £44,000 in Year 2 & 3, and £46,500 in Years 4 & 5 on a full repairing and insuring lease by way of service charge for a term of 5 years from 16th September 2022.
Tenure
Long Leasehold subject to occupational leases.
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