£625,000

Land for sale

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Freehold

Offers over

£625,000

(£90.50/sq. ft)

Land for sale

Christina Street, Swansea SA1

6,906 sq. ft

Local area information

Property location

Nearby amenities

  • Swansea Sixth Form College 0 miles
  • Terrace Road Primary School 0.3 miles
  • Swansea 0.5 miles
  • Swansea Queens Dock Ferry Terminal 1.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Swansea to find out more about the local area.

Features and description

  • Freehold
  • Due to relocation
  • Prime site and large office block arranged over four floors
  • Net internal area – 641.57 sq.M (6,906.02 sq. Ft.)
  • Situated within A site area of approximately 0.184 acre (0.075 hectare)
  • Potential for high rise development (subject to the necessary statutory consents)
  • Prominent coner positioned along A busy thoroughfare
  • Designated parking lot within A densely populated city centre location
Due to relocation

The property comprises a substantial office premises, equating to approximately 641.57 sq.m (6,906.02 sq. Ft.) in total, which were formerly four separate buildings, i.e. Nos. 5 & 6 Christina Street and Nos. 22 & 23 Mansel Street. These properties have been altered and extended and are now interconnecting and occupied for use as professional offices.

The buildings occupy the majority of the site, however there is onsite parking for between 8 to 10 cars which is accessed off Christina Street and extends under the walkway to the rear yard.

The subject premises is also located along a prominently corner position, fronting the main intersection and thoroughfare, linking Mansel Street and Christina Street with The Kingsway and the immediate city centre catchment area.

The subject premises is located within a site area of approximately 0.184 acre (0.075 hectare), which has the potential for a high rise mixed use development (subject to the necessary statutory consents). We therefore advise that all proposed conditional offers will be considered (subject to contract).

Description

The property comprises a substantial office premises, equating to approximately 641.57 sq.m (6,906.02 sq. Ft.) in total, which were formerly four separate buildings, i.e. Nos. 5 & 6 Christina Street and Nos. 22 & 23 Mansel Street. These properties have been altered and extended and are now interconnecting and occupied for use as professional offices.

The buildings occupy the majority of the site, however there is onsite parking for between 8 to 10 cars which is accessed off Christina Street and extends under the walkway to the rear yard.

The subject premises is also located along a prominently corner position, fronting the main intersection and thoroughfare, linking Mansel Street and Christina Street with The Kingsway and the immediate city centre catchment area.

The subject premises is located within a site area of approximately 0.184 acre (0.075 hectare), which has the potential for a high rise mixed use development (subject to the necessary statutory consents). We therefore advise that all proposed conditional offers will be considered (subject to contract).

Location

The property occupies a prominent position, located on the corner of Mansel Street and Christina Street in Swansea City Centre.

Swansea City Centre and furthermore the immediate vicinity is currently undergoing a programme of regeneration, with Swansea Council currently in the process of creating a new hi-tec office development in the former Oceania Nightclub site, along 71 & 72 The Kingsway (approximately 50 metres away). The scheme will feature flexible core working and office opportunities for innovative tech, digital and creative sector business. The former Barclays Bank premises at 69 & 70 The Kingsway will also be transformed into new style flexible works space.

Accommodation

The subject property affords the following approximate dimensions and areas:

Total Net Internal Area (NIA): 641.57 sq.m (6,906.02 sq. Ft.)
which comprises the following properties.

5 Christina Street
Net Internal Area: 202.45 sq.m (2,179.22sq. Ft.)

6 Christina Street
Net Internal Area: 190.63 sq.m (2,051.94 sq. Ft.)

23 Mansel Street
Net Internal Area: 84.99 sq.m (914.85 sq. Ft.)

22 Mansel Street
Net Internal Area: 76.95 sq.m (828.31 sq. Ft.)

21 Mansel Street
Net Internal Area: 86.55 sq.m (931.65 sq. Ft.)

Rates

According to the Valuation Office Agency (voa) website, the Rateable Value for the subject premises is as follows.

6 Christina Street:£28,750
21 Mansel Street:£5,200

From April 2018 the Welsh Government set the multiplier according to the Consumer Price Index (cpi) and for the financial year 2023-24 the multiplier will be 0.535.

Rates relief for small businesses in Wales will apply up to 31st March 2020. 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

We have been advised that VAT is not applicable to this transaction.

Terms And Tenure

The subject premises is available Freehold with vacant possession, which will be subject to the re-site of their existing practice to an alternative location (business to be unaffected).

Viewing

By appointment with Sole Agents:

Astleys Chartered Surveyors
Tel: Email:

Floor plans and tours

Floor plans (3)

3 floor plans available

View the floor plans to understand the space and layout of this property.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Astleys Chartered Surveyors. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Astleys Chartered Surveyors for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Swansea
  4. Swansea City Centre
  5. Christina Street