£700,000
(£68.40/sq. ft)
Leisure/hospitality for saleThe Strand, Swansea SA1
10,234 sq. ft
About this property
Development opportunity (STP)
Traditional building, in prime city centre location
10,234 sq.ft of space spread over six floors (including basement)
For Sale: £700,000
Location
Located on the Strand, Swansea the property benefits from a prominent position with good visible from Quay Parade. The Strand is a short walk from the City Centre, the popular nightlife destination of Wind Street, the SA1 Waterfront development and Swansea Marina. Swansea is the second largest city in Wales and is approximately 46 miles east of Cardiff. The City's Train station is approximately 0.5 miles to the north of the property with Swansea Bus Station the same distance to the east.
Description
The property comprises a substantial Grade II listed stone building offering 10,234 sq.ft of space spread over six floors (including basement). The building is currently unused and is in a state is disrepair.
Planning
Pre-application planning has previously been submitted on the property (Nov 2021) to convert to a mixed use development, include Members club at basement, shop and cafe at ground floor, retail and office at first floor and 6 no. Short term let apartments at second, third and fourth floors.
Further information is available on the planning portal under reference 2013; 2021/3012/pre
VAT
All figures are exclusive of VAT, where applicable.
Tenure
Our client's freehold interest is available at an asking price of £700,000
Anti-money laundering
Following agreement of the Heads of Terms, the proposed Tenant or Purchaser shall be required to supply all information and documentation necessary to comply with applicable Anti-Money Laundering (aml) regulations.
EPC rating
An EPC has been commissioned and will be available upon request.
Located on the Strand, Swansea the property benefits from a prominent position with good visible from Quay Parade. The Strand is a short walk from the City Centre, the popular nightlife destination of Wind Street, the SA1 Waterfront development and Swansea Marina. Swansea is the second largest city in Wales and is approximately 46 miles east of Cardiff. The City's Train station is approximately 0.5 miles to the north of the property with Swansea Bus Station the same distance to the east.
Description
The property comprises a substantial Grade II listed stone building offering 10,234 sq.ft of space spread over six floors (including basement). The building is currently unused and is in a state is disrepair.
Planning
Pre-application planning has previously been submitted on the property (Nov 2021) to convert to a mixed use development, include Members club at basement, shop and cafe at ground floor, retail and office at first floor and 6 no. Short term let apartments at second, third and fourth floors.
Further information is available on the planning portal under reference 2013; 2021/3012/pre
VAT
All figures are exclusive of VAT, where applicable.
Tenure
Our client's freehold interest is available at an asking price of £700,000
Anti-money laundering
Following agreement of the Heads of Terms, the proposed Tenant or Purchaser shall be required to supply all information and documentation necessary to comply with applicable Anti-Money Laundering (aml) regulations.
EPC rating
An EPC has been commissioned and will be available upon request.
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Monthly repayment
£3,501 per month
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