From
£200,000
Retail premises for saleDillwyn Street, Swansea SA1
Auction
About this property
Vacant Freehold Investment Opportunity
Mixed Use - Retail/Office
Planning Permission Granted for two, one bedroom flats
Prior Council 'Transforming Towns' grant approval for £30,000, subject to full application
Opportunity to Create High Yielding Investment
Strapline
Auction Sale - 10/10/2023
Of Interest to Investors and Developers. Vacant Freehold Mixed Use Property. Retail to the Ground Floor and Office Above with Planning Permission to Create Two, One Bedroom Flats
Description
The property comprises a vacant mixed use retail/office building arranged over basement, ground, and first floors. The ground floor comprises a vacant retail unit, with separate office, basement storage, kitchenette, WC and separate rear workshop leading to the rear access lane. Whilst the first floor comprises office space and further attic floor space which has been incorporated into the planning approval. The first floor offices benefit from separate access via a rear lane.
The property is to be sold vacant with the benefit of planning on the upper parts to create two, one-bedroom apartments.
Location
The property is located in Swansea close to the City centre approximately 42 miles west of Cardiff and is regarded as one of Wales' main cities. The property occupies a good secondary corner location of Dillwyn Street in close proximity to the end of Oxford Street, the Swansea Quadrant Shopping Centre and the large Tesco Extra.
Tenancy
Vacant
Accommodation
Please note the property has not been inspected by Savills but we understand that the property comprises
Basement
Ground Floor Shop
First Floor Office
Attic Floor Space
Planning
Swansea Council
Planning ref: 2022/0711/ful
Description: Change of use of part of ground floor retail (Class A1) and first and second floor offices/storage (Class B1) to form 2 one bedroom residential units (Class C3) to include front and rear fenestration alterations, front rooflight, rear dormer and associated works
Click here for Link to planning portal
Auction Sale - 10/10/2023
Of Interest to Investors and Developers. Vacant Freehold Mixed Use Property. Retail to the Ground Floor and Office Above with Planning Permission to Create Two, One Bedroom Flats
Description
The property comprises a vacant mixed use retail/office building arranged over basement, ground, and first floors. The ground floor comprises a vacant retail unit, with separate office, basement storage, kitchenette, WC and separate rear workshop leading to the rear access lane. Whilst the first floor comprises office space and further attic floor space which has been incorporated into the planning approval. The first floor offices benefit from separate access via a rear lane.
The property is to be sold vacant with the benefit of planning on the upper parts to create two, one-bedroom apartments.
Location
The property is located in Swansea close to the City centre approximately 42 miles west of Cardiff and is regarded as one of Wales' main cities. The property occupies a good secondary corner location of Dillwyn Street in close proximity to the end of Oxford Street, the Swansea Quadrant Shopping Centre and the large Tesco Extra.
Tenancy
Vacant
Accommodation
Please note the property has not been inspected by Savills but we understand that the property comprises
Basement
Ground Floor Shop
First Floor Office
Attic Floor Space
Planning
Swansea Council
Planning ref: 2022/0711/ful
Description: Change of use of part of ground floor retail (Class A1) and first and second floor offices/storage (Class B1) to form 2 one bedroom residential units (Class C3) to include front and rear fenestration alterations, front rooflight, rear dormer and associated works
Click here for Link to planning portal
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