Belle Vue Way, Swansea, SA1 5BY
For Sale
POA
Brief Description
The property is located in Swansea’s City Centre, on the edge of the retail core, and on one of the main arterial routes in to Swansea.
Full Description
Situation
The property is located approximately 1.6 KM (1 Mile) to the north of Swansea’s City Centre, on the edge of the rural core, but on one of the main arterial routes into Swansea. The property occupies a large corner location with frontage to Belle Vue Way. The surrounding area is predominantly commercial although very close to residential.
Description
The property comprises a four storey retail warehouse unit of traditional construction with brick elevations and aluminium framed glazed windows throughout.
Internally, over the 4 levels the accommodation provides a net internal area of 4,124 SQM (44,391 SQFT). There are two customer lifts, a goods lift, and multiple stairwells to all levels.
Planning
A planning application under reference 2016/3619/FUL provides for the redevelopment of the property to 4 x self contained retail premises to the ground floor, 18 x 1 bedroom apartments, and 18 x 2 bedroom apartments to the upper floors.
Approval has been granted for the development of a further 2 storeys. Further information is available on the LPA’s website.
Long Leasehold
The property is held under a Long Lease for a term of 150 at an annual ground rent of £5,000. The ground rent is to be reviewed at Month 21 and is to be set at 10% of the OMRV of the property. Further details are available on request.
Terms
The Long Leasehold interest in our clients property is available
For Sale. Price is on Application to seriously interested parties
only.
Viewing
Please contact the sole selling agent, Dawsons on the contact
details below:
Viewing
Viewing by appointment only. Please contact Dawsons Commercial:
James Dawson
01792 478 921
james.dawson@dawsonsproperty.co.uk