Block of flats for sale

Mansel Street, Swansea SA1

We are excited to present this vacant 6-room, 27-bed HMO/Hostel located within a prime City Centre location in Swansea. The property comprises an inviting entrance leading to a vibrant bar/social area, a storage room, and six spacious bedrooms, each with its own ensuite.

This property is fully equipped and ready to be utilised as a fully functional HMO/Hostel, making it a perfect buy for investors or business owners. With rooms renting at £70 per night in the area, there is potential to generate considerable income, totalling £482,895 annually, at a 70% occupancy rate* The property benefits from high foot traffic, excellent amenities, and convenient transport links as well as being within close proximity to popular developments such as the Albert Hall and regeneration of The Kingsway. The ground floor of 95 Mansel Street, Swansea, a prominent commercial premises positioned within a short walk of Swansea City Centre.

The property benefits from planning permission approved by Swansea Council for Class A3 (Food & Drink) under application reference 2023/1471/ful, providing an excellent opportunity for an operator, hospitality business or investor looking to establish a bar, café, restaurant or similar food and drink concept in a highly accessible central location. The premises form part of a substantial three-storey building and provide a flexible ground floor commercial space with potential to create an attractive hospitality environment.

Ground Floor
The ground floor lends itself particularly well to a bar, café, restaurant, social venue, coffee shop or hybrid food-and-drink concept, subject to the relevant licensing, building regulations and any applicable planning conditions.

An exciting opportunity comprising the upper floors of 95 Mansel Street, Swansea, providing substantial accommodation arranged across six en-suite rooms with a combined capacity of approximately 27 beds.

First Floor
Occupying a prominent position within central Swansea, the property presents an excellent opportunity for an established accommodation operator, hospitality business or investor seeking a substantial bedspace operation in a highly accessible city-centre location.

95 Mansel Street occupies a prominent and highly accessible position close to Swansea City Centre, making it well positioned for visitors, workers, students and contractors requiring accommodation within easy reach of the city's main amenities.
Swansea's principal retail, leisure and entertainment destinations are within easy walking distance, including Swansea Market, the Grand Theatre, the city-centre shopping district, restaurants, bars and nightlife.

95 Mansel Street occupies a prominent and highly accessible position close to Swansea City Centre, making it well positioned for visitors, workers, students and contractors requiring accommodation within easy reach of the city's main amenities.
Swansea's principal retail, leisure and entertainment destinations are within easy walking distance, including Swansea Market, the Grand Theatre, the city-centre shopping district, restaurants, bars and nightlife.

Location
The wider city centre also provides convenient access towards Swansea Marina, Swansea Arena and the waterfront, with the location benefiting from Swansea's established visitor, student and commercial population.

Rateable Value for Hostel & Premises
Our inspections of voa confirm the current rv to be £11,750.