Ffynnon Menter, Phoenix Way, Swansea Enterprise Park, Swansea
Swansea, SA7 9HZ

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Mark Siddons

The Agent

Mark Siddons
Associate

02920 346361
Ben Bolton

The Agent

Ben Bolton
Director

02920 346376

Additional Downloads

EPC Certificate

Specification

  • OFFICE
  • 15,571 - 33,285 sqft (1,447 - 3,092 sqm)
  • To let / For sale
  • From £155,710 per Annum / POA

Description

Ffynnon Menter is located on Swansea Enterprise Park, in an attractive lakeside setting.

It is a well established commercial destination, for both public and private sector, interluding; HM Land Registry, Royal Mail, NFU Mutual, Barclays and Lloyds Bank.

Transport connections:

Swansea train station is located 2.5 miles away and provides a regular service to Cardiff and London Paddington, as well as serving West Wales.

Convenient access is offered to J44 and J45 of the M4 motorway, located 5.5 miles and 8 miles away respectively.

The property comprises a three storey office building,
constructed in 1993.

The accommodation is a mixture of cellular and open plan, with the following specification:

Gas Central Heating System
Hot / Cold air Handling System
Suspended Ceilings
      Recessed Lighting
Double Glazed Windows
Passenger Lift
Perimeter Trunking
Kitchen and WC’s


Tenure:  The property is held by a long lease from Swansea City Council for a term of 125 years from 1991, at a peppercorn rent.

AVAILABILITY:


Ground   15,551 (Sq. Ft) 1,455 (Sq .M)
First     15,470 (Sq. Ft) 1,438 (Sq .M)
Second   2,264 (Sq. Ft) 210   (Sq .M)

TOTAL: 33,285 (Sq. Ft) 3,092.18 (Sq .M)

Terms:
Price:  £2 million
Rent:  from £10 per sq.ft

Business Rates: est £4.68 psf

Service Charge: TBC

VAT: is payable at the prevailing rate.

EPC:  C/67

Parking:  158 spaces providing a ratio of 1:220 per sq.ft

Cooke & Arkwright for themselves and for the vendor/lessor of this property whose agents they are give notice that: 1. These particulars do not constitute any part of an offer or contract. 2. All statements contained in these particulars are made without responsibility on the part of Cooke & Arkwright for the vendor/lessor and nothing contained in these particulars is to be relied upon as a statement or representation of fact. 3. Any intended purchaser/lessor must satisfy itself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor/lessor does not make or give and neither Cooke & Arkwright nor any person in their employment has any authority to make or give any representation/warranty whatsoever in relation to this property or any services. 5. All terms quoted exclusive of VAT unless otherwise stated. 6. Cooke & Arkwright is a trading name of Cooke & Arkwright Limited.

Cooke & Arkwright have been providing rating valuation advice to The Welsh Rugby Union Limited (“WRU”) and Millennium Stadium plc for many years. They were recently successful in achieving substantial reductions in the assessments of the Millennium Stadium, covering both the 2005 and 2010 rating list. These negotiated reductions yielded savings of c.£3.5m which, crucially, allows the WRU to re-invest in rugby throughout Wales. They advise the WRU across the group portfolio including the National Centre of Excellence in the Vale of Glamorgan. The valuation issues across the WRU portfolio are complex requiring a high level of understanding of the funding and finances of professional sport in Wales. Cooke & Arkwright’s experience and understanding of these issues and application to the rating valuation have yielded these substantial negotiated reductions. The WRU and the Millennium Stadium entrust our work to organisations with the required levels in experience and expertise in dealing with these complex issues. I am glad to say we have this expertise in Wales. I would have no hesitation in recommending ratepayers making use of this Welsh based expertise.

Steve Phillips, Group Finance Director, Welsh Rugby Union Group