Non quoting

Retail premises for sale

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Non quoting

Retail premises for sale

Portland Street, Swansea SA1

13,035 sq. ft

Local area information

Property location

Nearby amenities

  • Swansea Sixth Form College 0.2 miles
  • Swansea 0.4 miles
  • Terrace Road Primary School 0.5 miles
  • Swansea Queens Dock Ferry Terminal 1 mile

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 Mixed-Use Investment Opportunity
  • Annual Income of £239,500 per annum
  • 3 Ground Floor Commercial Units
  • 24 Self Contained Studio Apartments over 3-Storeys
Location
The property occupies a prominent position on Portland Street, just off Oxford Street, Swansea city Centre’s main retail area.

The immediate area provides a vibrant mix of national and independent retailers, including Barclays, cex, Marks & Spencer, The Kardomah Coffee House and The Swansea Market.

Swansea city centre, particularly along Oxford Street and The Kingsway, has benefited from significant regeneration in recent years as part of a wider £1 billion transformation programme. Key developments include the delivery of the landmark 71/72 Kingsway office scheme, new mixed-use projects, and substantial public realm improvements such as the redevelopment of Castle Square and enhancements to pedestrian connectivity.

These initiatives are driving increased footfall, employment, and city centre living, creating a more vibrant and sustainable urban environment. As a result, properties in this prime location are well positioned to benefit from strengthened tenant demand and long-term rental growth prospects.

Description
The property comprises a substantial five-storey mixed-use building configured as follows:
• Basement: Ancillary storage for the commercial elements, along with laundry and storage facilities serving the residential accommodation.
• Ground Floor: Three self-contained commercial units (office and café use)
• Upper Floors: 24 self-contained studio apartments arranged over three floors

The commercial accommodation is fully let on established leases, providing a secure income stream, with Swansea Building Society acting as the anchor tenant and occupying two of the three units.

The residential element is occupied and operated as student accommodation under occupational contracts.

We note that 14 of the studio apartments have already been let or renewed for the forthcoming academic year.

Terms
The Freehold interest in our client’s property is available For Sale. Price is on Application to seriously interested parties only.

Viewing
Strictly by appointment. Please contact us for further information. Please contact the sole selling agents below to make an appointment:

More information

Listed by

Dawsons - Swansea Sales, Auction and Commercial

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Property descriptions and related information displayed on this page are marketing materials provided by - Dawsons - Swansea Sales, Auction and Commercial. 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 Dawsons - Swansea Sales, Auction and Commercial for full details and further information.

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