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For Sale by Auction on 21st November 2024, Residential Development Opportunity, The Smelting Shed, Copper Quarter, Swansea, SA1 7DS

0.6 acres / Land / Residential

For Sale - £250,000.00

Available - Last updated: 14 November 2024

The property is a Grade II Listed former copper smelting shed and is one of the last remaining structures to survive from the industrial revolution when Swansea was the world centre of the copper smelting industry. The site extends to approximately 0.24 hectares (0.60 acres) and the building footprint is approximately 600 sq m (6,456 sq ft). The site and building has planning permission and Listed Building consent for the development of 12 high quality apartments including 22 car parking spaces. The consent is for the provision of six ground floor and six first floor apartments (two of which will have partial second floor accommodation), each comprising two bedrooms and two bathrooms with separate living/dining space and two car parking spaces (the two smallest apartments will have one space each).

Location

Swansea is the second largest city in Wales and lies approximately 42 miles north west of Cardiff. The M4 motorway runs to the north of the city, which can be accessed via junctions 44 to 47 and the A483 dual acrriageway links the city centre with the M4 at junction 42 to the east and junction 47 to the north west. Swansea railway station provides regional rail links as well as regular direct services to Cardiff, Bristol and London Paddington. Additionally numerous bus routes serve the area.

The Copper Quarter lies approximately 2 miles north of the city centre on the east bank of the River Tawe close to the Swansea.com stadium, the Morfa Retail Park and Morrisons. The property lies on the west side of Phoebe Road opposite Ffordd Donaldson in a predominantly residential location.

Accommodation

The site extends to approximately 0.24 hectares (0.60 acres) and the building footprint is approximately 600 sq m (6,456 sq ft).

Terms

Guide Price £250,000 - Bidder Security £3,500 *fully refundable if unsuccessful bidder.

Planning - Detailed planning consent was granted on 21/09/2018 for the conversion of the former Smelting Shed to 12 apartments including the insertion of a new first and part second floor with external alterations and car parking by way of orignal planning consent 2017/2646/FUL.

Listed Building consent was granted on 21/09/2018 for the same development by way of Listed Building application 2017/2647/LBC.

The above consents were extended to run for a further period of 5 years from 03/11/2023 (valid until November 2028) by application 2023/1514/S19 with an additonal amendment to increase the car parking provision to 22 spaces by application 2024/0116/S73.

Prospective purchasers should direct any further planning enquiries to the local planning authority, Swansea City Council (01792 636000) - www.swansea.gov.uk

Tenure - Freehold

VAT - VAT Not Applicable.

Specification

  • Freehold residential development opportunity
  • Planning permission for 12 high quality riverside apartments
  • Full planning and listed building consent valid until November 2028
  • Waterside location
  • 22 on-site car parking spaces
  • Historical Grade II Listed facade
  • Vacant possession

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price For Sale Freehold £250,000.00 NA

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Agency Team

BidX1 Commercial

020 3151 9502

Simon Bailey

BidX1 Commercial

020 3151 9486

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