Non quoting
Retail premises for salePortland Street, Swansea SA1
13,035 sq. ft
Just added
About this property
Freehold Mixed-Use Investment Opportunity
Annual Income of £239,500 per annum
3 Ground Floor Commercial Units
24 Self Contained Studio Apartments over 3-Storeys
Location
The property occupies a prominent position on Portland Street, just off Oxford Street, Swansea city Centre’s main retail area.
The immediate area provides a vibrant mix of national and independent retailers, including Barclays, cex, Marks & Spencer, The Kardomah Coffee House and The Swansea Market.
Swansea city centre, particularly along Oxford Street and The Kingsway, has benefited from significant regeneration in recent years as part of a wider £1 billion transformation programme. Key developments include the delivery of the landmark 71/72 Kingsway office scheme, new mixed-use projects, and substantial public realm improvements such as the redevelopment of Castle Square and enhancements to pedestrian connectivity.
These initiatives are driving increased footfall, employment, and city centre living, creating a more vibrant and sustainable urban environment. As a result, properties in this prime location are well positioned to benefit from strengthened tenant demand and long-term rental growth prospects.
Description
The property comprises a substantial five-storey mixed-use building configured as follows:
• Basement: Ancillary storage for the commercial elements, along with laundry and storage facilities serving the residential accommodation.
• Ground Floor: Three self-contained commercial units (office and café use)
• Upper Floors: 24 self-contained studio apartments arranged over three floors
The commercial accommodation is fully let on established leases, providing a secure income stream, with Swansea Building Society acting as the anchor tenant and occupying two of the three units.
The residential element is occupied and operated as student accommodation under occupational contracts.
We note that 14 of the studio apartments have already been let or renewed for the forthcoming academic year.
Terms
The Freehold interest in our client’s property is available For Sale. Price is on Application to seriously interested parties only.
Viewing
Strictly by appointment. Please contact us for further information. Please contact the sole selling agents below to make an appointment:
The property occupies a prominent position on Portland Street, just off Oxford Street, Swansea city Centre’s main retail area.
The immediate area provides a vibrant mix of national and independent retailers, including Barclays, cex, Marks & Spencer, The Kardomah Coffee House and The Swansea Market.
Swansea city centre, particularly along Oxford Street and The Kingsway, has benefited from significant regeneration in recent years as part of a wider £1 billion transformation programme. Key developments include the delivery of the landmark 71/72 Kingsway office scheme, new mixed-use projects, and substantial public realm improvements such as the redevelopment of Castle Square and enhancements to pedestrian connectivity.
These initiatives are driving increased footfall, employment, and city centre living, creating a more vibrant and sustainable urban environment. As a result, properties in this prime location are well positioned to benefit from strengthened tenant demand and long-term rental growth prospects.
Description
The property comprises a substantial five-storey mixed-use building configured as follows:
• Basement: Ancillary storage for the commercial elements, along with laundry and storage facilities serving the residential accommodation.
• Ground Floor: Three self-contained commercial units (office and café use)
• Upper Floors: 24 self-contained studio apartments arranged over three floors
The commercial accommodation is fully let on established leases, providing a secure income stream, with Swansea Building Society acting as the anchor tenant and occupying two of the three units.
The residential element is occupied and operated as student accommodation under occupational contracts.
We note that 14 of the studio apartments have already been let or renewed for the forthcoming academic year.
Terms
The Freehold interest in our client’s property is available For Sale. Price is on Application to seriously interested parties only.
Viewing
Strictly by appointment. Please contact us for further information. Please contact the sole selling agents below to make an appointment:
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