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ONLINE AUCTION from 26th JULY-28th JULY
Located in a prime position in Swansea, close to Swansea University, Singleton Hospital and a short walk from the beach. The site is approximately 485sqm or 5214sqft and includes a 2 storey former recording studio GIA 184sqm (1981sqft), and there is a further two storey building GIA 146sqm (1572sqft). Subject to the relevant consents, this property may make an ideal investment for residential housing, AirBnB or student accommodation.
The property currently has outline planning permission for one pair of semi-detached dwellings – planning reference 2021/0998/S73. Furthermore, outline planning permission has been granted for two residential flats – planning reference 2020/1498/S73.
The site is briefly comprised of a former recording studio and two out buildings which were previously used as office and studio facilities. Additionally, there is a large yard to the rear which subject to the relevant consents could offer parking spaces, or scope for additional development.
As the property is currently a commercial building it may also be suitable for a variety of uses such as a microbrewery, recording studio or storage.
The site is secure and we have been informed that water, power and drainage services all connected.
Former Recording Studio, x2 Outbuildings, Yard
Auction fees: The sale of each lot is subject to a buyer’s premium of 1.2% of the purchase price (subject to a minimum of £975) including VAT unless otherwise stated.
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty. Please check accompanying legal pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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