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Former Castle Cinema, Worcester Place, Swansea, SA1 2AF

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Summary

A unique opportunity to redevelop the Grade II listed former Castle Cinema in central Swansea, with the benefit of detailed planning consent for the development of 58 student bedrooms and 3 commercial units.

  • Detailed Planning Consent for Residential Development
  • Iconic Grade II Listed Building
  • Prominent Central Swansea Location
  • Suitable for a variety of uses (STPP)
Property Type Development & Land
Tenure For Sale
Status Under Offer
Price Upon Application
Size27,480 sq ft GIA (Proposed)

Location

The former Castle Cinema is prominently located on Worcester Place within Swansea City Centre. There is secondary access to the building via The Strand.

Swansea City Centre is undergoing a dramatic transformation with the £130m Digital Arena and Copr Bay Development nearing completion nearby. The City is home to 2 Universities with nearby campuses, namely Swansea Univesrity and University of Wales Trinity St David.

Former Castle Cinema, Worcester Place, Swansea, SA1 2AF

Description

The Property is Grade II Listed and presently comprises Entrance Foyer / Reception Area, Offices to the upper Floors, the former Cinema / Theatre and basement stores. The property is currently being used as a Laser Games Leisure facility, however vacant possession can be provided once terms are agreed.

Planning

The site was granted planning permission on 18th September 2017 reference: 2013/1403.  A copy of this planning permssion is available in the Technical Pack.  The permission allows for ‘Partial demolition (roof and internal areas) of the former Castle Cinema (Laserzone) and conversion from Class D2 (Assembly & Leisure) to a mixed-use development incorporating 2 commercial units (Class A1/A2/A3) at lower ground floor (on the Strand), 1 commercial unit (Class A1/A2/A3) at ground floor/first floor (to Worcester Place), and 58 student study bedrooms within 11 cluster flats together with external alterations including new window openings and new roof construction.’

Accommodation

Accommodation

The Planning Permission and Listed Building Consent allows for 58 Study Beds and 497 m2 (5,348 ft2) of commercial space. 

LEVEL

GIA

Level 1 The Strand

Commercial

 

194 m2 (2,088 ft2)

Level 2 Lower Ground Floor

Flat 12: 4 Study beds

 

213 m2 (2,294 ft2)

Level 3 Ground (Worcester Place)

Flat 1: 5 Study beds

Flat 2: 6 Study beds

Commercial

 

159 m² (1,711 ft²)

262 m² (2,820 ft²)

144 m2 (1,550 ft2)

Level 4 (1st Floor)

Flat 3: 2 Study beds

Flat 4: 5 Study beds

Flat 5: 6 Study beds

Commercial 

 

72 m² (775 ft²)

159 m² (1,711 ft²) 

260 m² (2,799 ft²)

159 m2 (1,717 ft2)

Level 5 (2nd Floor)

Flat 7: 2 Study beds

Flat 8: 5 Study beds

Flat 9: 6 Study beds

 
72 m² (775 ft²)

159 m² (1,711 ft²)

262 m² (2,820 ft²)

Level 6 (3rd Floor)

Flat 10: 5 Study beds

Flat 11: 12 Study beds

 

156 m² (1,679 ft²)

282 m² (3,035 ft²)

The Total Gross Internal Area extends to 2,553 m² (27,480 ft²).

Terms

Terms

Upon Application. Interested Parties are requested to submit a formal expression of interest.

Other Information

Tenure

The freehold interest in the property is available for sale with the benefit of Vacant Possession.

Technical Pack

A technical pack including plans, consents and other associated documents can be made available once a formal expression of interest is received.

Business Rates

We understand that the building will benefit from exemption for business rates whilst it is vacant, due the the Grade II Listing.

EPC

An EPC has been commissioned and will be available to interested parties in due course.

VAT & Legal Costs

All prices, premiums and rents are quoted exclusive of VAT. Each party is responsible for their own legal costs incurred in any transaction.

Viewing & Further information

For further information, or if you would like to arrange a viewing, please contact us as sole selling agents.

Media

image of David Blyth MRICS

Enquire Now

David Blyth MRICS

07966 752301

image of Roger Poolman FRICS

Enquire Now

Roger Poolman FRICS

07775 037782

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