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PRINCESS WAY SWANSEA SA1 5HE > Swansea Is the Regional Administrative INVESTMENT Centre for South West Wales

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PRINCESS WAY SWANSEA SA1 5HE > Swansea Is the Regional Administrative INVESTMENT Centre for South West Wales PRIME RETAIL AND LEISURE INVESTMENT OPPORTUNITY FOR SALE PRINCESS WAY SWANSEA SA1 5HE > Swansea is the regional administrative INVESTMENT centre for South West Wales. SUMMARY > Prominently situated adjoining Castle Gardens and Oxford Street. > Modern retail and leisure building over basement, ground, first and part second floors totalling 67,783 sq ft. > Multi-let to 7 tenants providing a WAULT of 10 years to lease expiry and 4.9 years to lease breaks. > National covenants including Zara (D & B 4A 1), The Gym (D & B 5A 1) and Coffee#1 Ltd (D & B 2A 1). > Held long leasehold for 200 years expiring 14th October 2209 from the City and County Council of Swansea. The current ground rent payable is £21,847. > Net rent payable following the deduction of the ground rent is £839,153 per annum. > Our client is seeking offers in excess of £9,830,000 (Nine million, eight hundred and thirty thousand pounds), subject to contract and exclusive of VAT. A purchase at this level reflects a net initial yield of 8% after purchaser costs of 6.69%. PRINCESS WAY SWANSEA I 2 Swansea Railway Station 35 32 26 34 40 10 39 31 8 29 St Davids Shopping Centre 28 proposed £500m redevelopment 30 27 9 33 38 11 4 7 5 12 6 37 20 25 18 1 22 17 14 13 21 23 2 19 15 24 16 36 3 1. Subject Property Restaurants, Bars & Coffee Shops National Retailers 24. Schuh 33. Odeon Cinema 2. Costa Coffee 13. H&M 25. Sport Direct 34. The Dylan Thomas Centre 3. Starbucks 14. Primark Superstores 35. Mission Gallery 4. Las Iguanas & Five Guys 15. Next 26. Sainsbury’s 36. Swansea Market 5. Walkabout 16. Marks & Spencer 27. Tesco Hotels 6. Pizza Express 17. River Island 28. Homebase 37. Forte Posthouse 7. Pitcher & Piano 18. Boots Attractions 38. Travelodge 8. TGI Friday’s 19. Debenhams 29. Vue Cinemas 39. Premier Inn 9. Nando’s 20. Argos 30. Pantasia 40. Marriott 10. Frankie & Benny’s 21. The Body Shop 31. National Waterfront Museum 11. Ask 22. Pandora 32. Swansea Marina 12. Yates’s 23. Animal PRINCESS WAY SWANSEA I 3 LOCATION HEREFORD M50 The City and County Council of Swansea, which A470 has a population of 244,500 (2016 census), is the second largest city in Wales, located 40 miles BRECON BEACONS NATIONAL PARK west of Cardiff, 80 miles west of Bristol and 185 miles west of London. The city is the regional administrative centre for LLANELLI A465 PONYTPOOL M5 South West Wales, approximately 4 miles south A449 of junctions 44 and 47 of the M4 motorway, A470 SWANSEA M48 providing access east towards London and west PONTYPRIDD M4 NEWPORT towards Llanelli. M4 Swansea railway station is 530 yards north of the CARDIFF property providing regular services to the local BRISTOL and national rail network, with a fastest journey M5 A38 CARDIFF time to Cardiff Central of 54 minutes and London BRISTOL CHANNEL Paddington 3 hours. WESTON-SUPER-MARE BRISTOL 7 min Walk Swansea SITUATION to Swansea Rail Station Rail Station • High St. The property is prominently situated on the • Alexandra Rd. eastern side of the pedestrianised Princess Way • Orchard Rd. within the city centre. Princess Way is the main thoroughfare from Swansea railway station that • Parc Tawe adjoins Castle Gardens and Oxford Street. Castle • Mansel St. Gardens is a popular tourist destination with its The Kingsway • • Castle Square historic Swansea Castle, originally built in 1107. Oxford St. • The Strand • • Quay Parade The area is surrounded by restaurants, bars and PRINCESS WAY • • Wind St. the Parc Tawe retail park. Nearby retailers include: • The Quadrant RIVER TAWE Marks & Spencer, Primark, H&M and Topshop. St. David's • • Victoria Rd. • Oystermouth Rd. • West Way N TAWE BASI • Paxton St. MARITIME QUARTER • County Hall PRINCESS WAY SWANSEA I 4 AB P L E A C C O S A E P E O B A T R T I G V V O U O D O I U S I O A C E N F S O E U F R C R S I I P W C F A R N A S H I N O T E G C N 7 A O 9 S 3 R E E T R R S W S R / 6 M - 39 H S 4 B Y 39 E A A I 3 E N L P 9 S C - 3 HOU K V L 392 N Y GO / A A SW R F 91 DR I C 3 Y N ANSE 38 37A 37 A GSWAY THE KIN P H ) N NLY O E O 8 B T IS T R TAX 4 L R & 41 O A SES S E U E A BU T ( T S M E G S F H N 3 H 4 D W O P A U A E T S L A T E 44 B L R A 6 U 4 R F S O N E H R 45 H W 4 V R A 5 W S T D N Y R 6 P A O N B 4 E N A M E R E M P S 7 A 4 R G C W A I L E I I D E C N N S O R H 4 A S A 8 I I N 4 A D N T 9 T I D 3 4 T N 4 C O R I N D H V A T T 0 R P 5 T H 4 Z V Y A A T V A I I A H 1 U N G A E 5 T E N I A I E N E D N D 4 L N P G UI 52 A H N C I B G C A B 1 S N U R H I C R 3 I R G G E R 5 R Y T C G A O G A M V T A R R 4 A U C N 5 H G S D L T O A N A S C T 5 M 5 A C O A E F P A O 7 P N I E L C R 5 R I T - U O E B T N 6 H P L B E Y H 5 Y 2 O N M Y M R A O A V B Y U P E M T Y E R P E Y E A F Y H L A H 1 S I N T A T N O C P O S S E T C N M P R R S F 4 O S E D R Y S C K N F T H - S T R I I E 0 A & U / C T U T F H F A I S Y P L F 2 G E N I N U Y W R I N - R E A N 2 G H O I N T R IT 2 Y D C S C U I E VACANT RE M O 4 S E 6 O O P H T A T O E R H P 2 E S P V M R A A N S E C N O A E T NT K U E S S T P R C 3 S U S R 3 T U 5 2 H L 8 A I VACANT E T E 7 EV O N - A A A S VACANT S W H E T H T 3 L P N E N H E B Y A 9 T E A R T ID L C A P L T G L S T W O N 2 O E Y 1 E AMPLIF H AR M S 8 4 C DECADENT 3 O L G AIDS A SM IN U HEAR 3 ITH B S VAPOURS E S ST R AT SEA BAY TOBACCONIST E A P 2 G 1 SWAN ENT (20) T N 9 3 IO T DIT UN SLATER B (A RE 3 EL CT C VICES IC K VO UA R 6 A SE E 2 I ANCIAL MENSWEAR CR SPA L ES R! L) L FIN E `S AM 0 T P PAR ATE LOU E AG R P A 1 GOWE R EN THE (26) 3 T 2 R (A 1 HY BUTCHER CT DIA N UA R N S H M N L) A A IRDR HER 1 MAH ES O I S D D AR T IN 1 THE K G N I E 1 N EE HOUS C SPIR FF 7 CO INEM R ATI A G ONS W C & I - F 3 CO TS 2 2 1 C E 9 IN 3 E O S WHAT COCINA M 9 ! A 0 E - T - H E E 3 M R 3 MEXICAN RESTAURANT A T D 4 S C C T 1 AFE OW C T R 3 S E 3 (2 RETAIL FLOORS) BAR & NINE 1 S 5 E RE V A S 1 S C E TA A H U N B R - T T W A N N T AN 3 A C T T S A 3 E V ZI O L 1 KE A NC OUNGE 1 0 A T W B 4 6 A 0 N OXF Y E C A T K R M A B & E TA A R S URANT 3 C R 4 HARI A TY 4 R Y S ILEYS HO 2 E P COFFEE O NT TO P N .
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