Skip to main content

No longer on the market

This property is no longer on the market

EPC
EPC

Residential development

Auction
Sold STC
Residential development
Added > 14 days

Features and description

  • Advised Freehold - to be verified by solicitor
  • To be sold with vacant possession
FOR SALE BY AUCTION - -Lot 71 - Commercial Property with Planning for Six Flats
ONLINE AUCTION from 23rd JULY-25th JULY

A two storey detached premises with planning consent for six flats.

The property has most recently been used as a carpenters workshop and was achieving a rental income of £18,000 per annum. It is suitable for light industrial use, and subject to the relevant consents may be suitable for alternative use.

This property would be idea for a developer looking to convert it into flats, an investor looking for a property with a good rental yield, or an owner occupier.

The property benefits from three phase electric and water.

There is a large parcel of land to the rear of the property and parking space to the side of the property.

Location
Situated to the West of Swansea city centre, close to one of the main thoroughfares leading into the city centre. The Property is ideally located approximately five minutes drive from Swansea train station and bus station. Additionally, it is within close proximity to the M4 providing access to Cardiff, Newport, Bristol and London.

Displaying a prominent frontage on Westbury Street, on a primarily residential road.

Planning Permission
Planning consent has been granted for the demolition of existing building, construction of block of 6 flats, cycle storage and associated works (Outline). Please see Swansea Council Planning Portal for further information. Planning reference: 2022/1614/OUT.

Services
The property benefits from water, three phase electric (not tested).

Walkthrough video

Ground Floor: Open plan commercial space, office, WC
First Floor: open plan office space

Tenure:
Advised Freehold - to be verified by solicitor

Tenancies:
To be sold with vacant possession
Visit agent website

Area statistics

Crime score
High crime
10/10

About this agent

Paul Fosh Auctions - Newport
Paul Fosh Auctions - Newport
108 Lower Dock Street Newport, Gwent NP20 2AG
01633 371631
Full profileProperty listings
The company was established by Paul Fosh in 2001 following a long career in estate agency with companies situated across South Wales. Since 2001 the company has grown into the leading property auction house in Wales.
... Show more

See more properties like this

*Disclaimer and call rate information...