7 commercial leases results

After Cardiff, Swansea is the second largest city of South Wales, located to the east from the Gower Peninsula. The population of the city is about 250,000 people. Swansea is not only a popular resort but also an important commercial center. The recently reconstructed port area has become the spot of the high-tech industry. Attractions include Swansea Castle, found right in the center, Maritime Quarter, Glynn Vivian Art Gallery, Swansea Museum, Dylan Thomas Center, and the Central Market, the largest covered retail place in Wales. Today, Swansea’s main economic sectors are education, health care, trade, hotels, restaurants, banking, finance, and insurance. Nowadays, it is a developed city, an important industrial center producing spare parts for cars, non-ferrous metals, and steel. An oil refinery and a chemical plant are located in the suburbs.

Swansea Vale is a premier business district with mainly 2 or 3-story office buildings. These are high-quality air-conditioned premises with excellent communications. You may also consider offices to let in John Long Furniture building or separate edifices along Eversley Road. This commercial property is conveniently located with easy access to different objects of the city infrastructure. The annual rent may vary here from £ 9 to £ 20 per sq. ft. Due to the relative weakness of the local market, the construction of most new retail and office buildings here is supported by subventions. Recently, Swansea property for both rent and sale went down, while the quality of premises is at a reasonably high level. According to the study of experts, purchasing of the real estate in most UK cities is cheaper than renting. However, Swansea is leading in the list of cities where it is cheaper to rent a commercial property with an average saving of 11-12%. Many Cardiff residents buy or rent the objects of real estate in the west in Swansea, although prices for apartments and commercial property are slightly higher here.

The beach has excellent conditions for surfing, scuba diving, and boat sailing. Swansea was chosen to host the annual music and arts festival. The city has a rather calm atmosphere with a low crime rate in comparison with other cities of England. The central streets of Swansea are equipped with modern video surveillance systems and patrolled by police officers so that you can feel safe even late at night. An interesting trend of the recent years is that many business people who have their offices in the busiest cities prefer rent or buy offices in small resort towns with a more measured pace of life, but with all modern communications. Feel free to get in touch with our customer support agents to select a commercial property in Swansea wholly tailored to your specific needs and goals.