Retail premises for sale in Dillwyn Street, Swansea SA1
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Property features
- Vacant Freehold Investment Opportunity
- Mixed Use - Retail/Office
- Planning Permission Granted for two, one bedroom flats
- Prior Council 'Transforming Towns' grant approval for £30,000, subject to full application
- Opportunity to Create High Yielding Investment
Property description
Strapline
Auction Sale - 10/10/2023
Of Interest to Investors and Developers. Vacant Freehold Mixed Use Property. Retail to the Ground Floor and Office Above with Planning Permission to Create Two, One Bedroom Flats
Description
The property comprises a vacant mixed use retail/office building arranged over basement, ground, and first floors. The ground floor comprises a vacant retail unit, with separate office, basement storage, kitchenette, WC and separate rear workshop leading to the rear access lane. Whilst the first floor comprises office space and further attic floor space which has been incorporated into the planning approval. The first floor offices benefit from separate access via a rear lane.
The property is to be sold vacant with the benefit of planning on the upper parts to create two, one-bedroom apartments.
Location
The property is located in Swansea close to the City centre approximately 42 miles west of Cardiff and is regarded as one of Wales' main cities. The property occupies a good secondary corner location of Dillwyn Street in close proximity to the end of Oxford Street, the Swansea Quadrant Shopping Centre and the large Tesco Extra.
Tenancy
Vacant
Accommodation
Please note the property has not been inspected by Savills but we understand that the property comprises
Basement
Ground Floor Shop
First Floor Office
Attic Floor Space
Planning
Swansea Council
Planning ref: 2022/0711/ful
Description: Change of use of part of ground floor retail (Class A1) and first and second floor offices/storage (Class B1) to form 2 one bedroom residential units (Class C3) to include front and rear fenestration alterations, front rooflight, rear dormer and associated works
Click here for Link to planning portal
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.