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A freehold property with potential for redevelopment/conversion of the site/building STP
Description
The property comprises a substantial detached property of approximately 551 sq m (5,930 sq ft) GIA positioned on a c. 0.535 acre site.
The original property is of traditional block construction beneath a pitched tiled roof; the externals are rendered and painted. The original property has a number of single-storey extensions each, of block construction with a flat roof. The building is in a state of disrepair and is in need of modernisation.
Externally, the site comprises grassed areas, hardstanding, and a number of mature trees. The rear can accommodate approximately 20 parked vehicles.
Accommodation
The property was most recently used as a social club and features a number of bar / seating areas at ground and first floor, with ancillary and amenity accommodation throughout. There is manager’s accommodation over first and second floors with storage and a beer cellar to the rear, at the ground floor level.
Planning
The property is not listed nor does it lie within a conservation area. The Local Authority is City and County of Swansea Council. The property currently has ‘sui generis’ use but offers potential for a variety of alternative uses (STP).
Rating
The property is entered in the 2023 Rating List with a current Rateable Value of £8,500. In Wales, there is 100% relief from the Rates payable, where the Rateable Value is less than £12,000.
Licensing
We understand the property traded with the benefit of a Club Premises Certificate.
Fixtures & Fittings
No fixtures and fittings will be included in the sale unless agreed. Any third party items, such as gaming machines, dispense equipment, sound systems etc, will also be excluded. Any items left on the day of completion will be included in the sale.
Tenure
Freehold with vacant possession.
Guide Price
The Vendor is seeking offers in the order of £375,000 unconditionally for the freehold interest with vacant possession.
EPC
The property has an EPC Rating of D-89.
Viewing
A viewing day will be organised in due course. A date is to be confirmed. Please inspect externally in the first instance.
Money Laundering Regulations
Regulations require Savills to conduct various checks on purchasers and tenants. Further details are available upon request.
D (89)