LOCATION
Situated in a highly prominent position close to the Swansea.com Stadium and to the rear of Morfa Retail Park. The site benefits being amongst national retailers such as Morrisons, Currys, TK Maxx, Sports Direct and more, along with a range of A3 occupiers such as KFC and Greggs. The site sits on one of the main throughfares from the Enterprise Zone to Morfa and the City Centre.
DESCRIPTION
Totalling 3.48 acres this former ski-slope site has been granted full planning consent under application number 2020/2630/FUL for a total of 7 x 1,000 sq. ft units under use classes B1,B2, B8. The developable area totals 0.7 acres.
TENURE
A new ground lease has been agreed for a term of 125 years at a ground rent of £4,500pax and subject to rent reviews every 5 years to 10% of the rental value.
VAT
All figures are exclusive of VAT, where applicable.
BUSINESS RATES
Interested parties are asked to verify rates payable by contacting the local authority.
ASKING PRICE
We have been instructed to seek offers in the region of £295,000.
PLANNING PERMISSION
Planning consent has been granted under application 2020/2630/FUL for the construction of 7x 1,000 sq.ft units.
CONTACT
For further information and to arrange a viewing please contact
Glanmor Chartered Surveyors.
Email: info@glanmorproperty.co.uk
Tel: 01792 439105