ADDRESSMorganite Trading Estate, Swansea Enterprise Park, Swansea, , Swansea
TYPEGeneral Industrial, Industrial Park, Industrial
TENUREUnder Offer, For Sale Freehold
POSTED ON20th September 2019
Located in the prime industrial and commercial area in Swansea Well connected with good access to the M4 Asset management and development opportunities 4 hectare (10 acre) site. - Building H is let in part to Something Different Wholesale at £55,000 per annum. Lease expires in February 2022, is outside of the Security of Tenure Provisions within the Landlord & Tenant Act, and includes the allocation of 50 car parking spaces.
The remaining space within Building H is occupied by Something Different Wholesale on a licence agreement at £43,200 per annum and is terminated by one months mutual notice. 61 Car Parking spaces are leased to the DVLA at £19,520 per annum with lease expiry in March 2021. There is a rolling one month mutual break notice.
Total rent of £177,720 per annum with full lease and licence documentation can be provided upon request.