10-12 Terrace Road, Swansea, SA1 6HW
Available
Guide Price
£125,000
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0
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A former public house is currently being advertised for auction, presenting a unique investment opportunity. The property, which retains its traditional charm and spacious layout, offers significant potential for redevelopment. Prospective buyers may choose to restore it to its original function as a pub, capitalizing on its historical value and community appeal, or convert it into residential studios, catering to the demand for compact urban living. With its versatile layout and prime location, the site presents an excellent prospect for investors, developers, or business owners looking to revitalize a classic establishment.
A former public house is currently being advertised for auction, presenting a unique investment opportunity. The property, which retains its traditional charm and spacious layout, offers significant potential for redevelopment. Prospective buyers may choose to restore it to its original function as a pub, capitalizing on its historical value and community appeal, or convert it into residential studios, catering to the demand for compact urban living. With its versatile layout and prime location, the site presents an excellent prospect for investors, developers, or business owners looking to revitalize a classic establishment.
The property comprises an end of terrace former public house arranged over lower ground, ground and first floors beneath a pitched roof. Externally, there is a forecourt to the front and a former beer garden to the rear. The property occupies a site area extending to approximately 0.047 hectares (0.116 acres).
Key points and Planning Advantages,
• Application to make 8 one-bedroom studio flats approved in 2018 after appeal.
• Original application declined due to design not allowing enough natural light into the flats and some privacy issues with the sloping concrete wall to side boundary.
• Appeal made with design changes and application was accepted.
• No parking provision required previously
• Not in a conversation area
• Minimal internal changes needed for redevelopment.
• Tenure Freehold.
• Location, The property is located on the north side of Terrace Road at its junction with Harries Street. Quadrant Shopping Centre is within a 20-minute walk to the south. The waterfront, marina and universities are all accessible. Swansea Rail Station is a 15-minute walk to the east. The A4118, A483 and Junction 42 of the M4 Motorway, together with Cardiff Airport, are all accessible.
The property comprises an end of terrace former public house arranged over lower ground, ground and first floors beneath a pitched roof. Externally, there is a forecourt to the front and a former beer garden to the rear. The property occupies a site area extending to approximately 0.047 hectares (0.116 acres).
Key points and Planning Advantages,
• Application to make 8 one-bedroom studio flats approved in 2018 after appeal.
• Original application declined due to design not allowing enough natural light into the flats and some privacy issues with the sloping concrete wall to side boundary.
• Appeal made with design changes and application was accepted.
• No parking provision required previously
• Not in a conversation area
• Minimal internal changes needed for redevelopment.
• Tenure Freehold.
• Location, The property is located on the north side of Terrace Road at its junction with Harries Street. Quadrant Shopping Centre is within a 20-minute walk to the south. The waterfront, marina and universities are all accessible. Swansea Rail Station is a 15-minute walk to the east. The A4118, A483 and Junction 42 of the M4 Motorway, together with Cardiff Airport, are all accessible.
