To Let - Property Pilot

To Let Three Storey Retail Unit

Retail Property 40 - 42 Princess Way, Swansea SA1 5HE Floor

Sq M

Sq F

Ground Floor NIA

96.90

1,043

First Floor Area

88.72

955

Second Floor Area

60.29

649

245.91

2,647

Total Floor Area

Rental Initial rental of £25,000 per annum exclusive. Rates Rateable value is £33,250. UBR (2011) is 42.8p in the £. Rates payable equates to £14,231. Interested parties should verify these figures with the Local Rating Authority. Location The premises is located in a prominent position on the outskirts of the prime retail trading area of Swansea City Centre. Situated close to the roundabout which serves Princess Way, Orchard Street and College Street. Prominent occupiers in the vicinity include the Dragon Hotel, fashion retailer Zara and BHS. Orchard Street multi- storey car park is also within short walking distance. Description A three storey retail unit with storage facilities on the upper floors.

VAT All prices, premiums and rents etc. are quoted exclusive of VAT at the prevailing rate. The client reserves the right to levy VAT on this transaction. Viewing and Further Information Viewing strictly by prior appointment with the agent: Tom Rees Lambert Smith Hampton 01792 702800 [email protected]

Services Mains water, electricity and drainage are connected to the property. Interested parties must be aware that the services have not been tested and must carry out their own investigations as to whether the services provided are adequate for the intended use. Terms The property is available on a new flexible Full Repairing and Insuring Lease, the terms of which are open to negotiation. Lambert Smith Hampton Axis 17 Axis Court, Mallard Way, Swansea Vale, Swansea SA7 0AJ T +44 (0)1792 702800

40 - 42 Princess Way, Swansea SA1 5HE

Swansea

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© Lambert Smith Hampton Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries and their joint agents if any (“LSH”) for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.

January 2012