This property is no longer on the market
Workshop & retail space
Property description & features
- AVAILABLE VIA ONLINE AUCTION (UNLESS PREVIOUSLY SOLD) FROM 11TH APR 2024 AT 11.00AM
- WORKSHOP UNIT AND FORMER MOT CENTRE
- 163.78 SQ.M (1,762.92 SQ. FT.) INC. MEZZANINE
- POTENTIAL DEVELOPMENT OPPORTUNITY (SUBJECT TO PLANNING)
- ESTABLISHED CITY CENTRE LOCATION
The premises is arranged over a single bay to accommodate a workshop unit, previously occupied for use as a car repair/ vehicle servicing, MOT and tyre fitting service.
The unit is situated directly off the main elevation to the front, which can be accessed via a single roller shutter loading doors with a clearance of ranging from 3.07m. The first floor, which can be accessed internally off the main workshop area accommodates 2 no. store rooms and staff w.c. facilities.
Description - The subject premises comprises a workshop/ industrial situated within an established trading location, within Swansea city centre.
The premises is arranged over a single bay to accommodate a workshop unit, previously occupied for use as a car repair/ vehicle servicing, MOT and tyre fitting service.
The unit is situated directly off the main elevation to the front, which can be accessed via a single roller shutter loading doors with a clearance of ranging from 3.07m. The first floor, which can be accessed internally off the main workshop area accommodates 2 no. store rooms and staff w.c. facilities.
Location - The subject premises is located directly off Northampton Lane (to the rear of The Kingsway) within an established mixed use location within Swansea city centre.
The subject property is well placed within the City Centre, close to the prime area and benefits from a good level of passing trade.
Swansea has a population of some 240,000 and has a popular, expanding University. There is also a mainline railway station close by.
Swansea City Centre has seen a large amount of redevelopment in recent years to provide additional student accommodation, which in turn has increased activity within the City Centre.
In addition we advise that the redevelopment of The Kingsway is already underway. The Kingsway Infrastructure Project, which is situated within the immediate proximity of the subject premises, is aimed at kick-starting the development of a new digital district.
Accommodation - The subject premises affords the following approximate dimensions and areas:
Gross Internal Area: 163.78 sq.m (1,762.92 sq. ft.)
GROUND FLOOR
Workshop: 128.98 sq.m (1,388.39 sq. ft.)
Roller Shutter Clearance: 3.07m (10'1")
Eaves (Min): 2.94m (9'8")
FIRST FLOOR
Ancillary: 34.80 sq.m (374.69 sq. ft.)
which briefly comprises the following
Office 1: 3.87m x 2.74m
Office 2: 3.87m x 2.76m
Staff W.C. Facilities
Rates - As stated on the VOA website the Rateable Value for the subject premises is as follows:
Rateable Value (2023): £7,300
From April 2018 the Welsh Government will set the multiplier according to the Consumer Price Index (CPI) and for the financial year 2021-22 the multiplier will be 0.535.
Rates relief for small businesses in Wales will apply up to 31st March 2024. Rates relief for small business with a rateable value up to £6,000 will receive 100% relief and those with a rateable value between £6,001 and £12,000 will receive relief that will be reduced on a tapered basis from 100% to zero.
We advise that all enquiries should be made with the Local Authority Rates Department to verify this information. For further information visit .
Vat - Please be advised that all figures quoted are exclusive of VAT (where applicable).
Terms & Tenure - The subject premises is available Freehold with vacant possession.
Planning - According to the City & County of Swansea Local Development Plan (2010-2025), the subject premises is located within a Strategic Development Area (Policy SD J: Swansea Central Area).
Site J is allocated for a range of regeneration projects with the overall aim of creating a vibrant, distinctive, Central Area that capitalises on its unique assets to become a destination of regional and national significance. It includes proposals for a high quality retail and leisure led scheme, mixed use waterfront developments, circa 856 homes, 4 hectares of potential development areas that could accommodate B1 uses, and area initiatives and environmental enhancements during the Plan period.
However, please be advised that any proposed development in respect of the subject premises will still require all the relevant statutory consents.
Viewing - By appointment with Sole Agents:
Astleys Chartered Surveyors
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Property information from this agent
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Mobile phone signal availability and predicted strength
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Energy Performance data and Internal floor area
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