Fforestfach Embassy Social Club, 75 Ravenhill Road

£375,00000
Vertex
020 8429 9003
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Description

Key Points

Freehold availableLarge site that extends approximately 0.535 acres (0.216 ha)Suitable for a variety of uses STPPotential for redevelopment/conversion of the site/building STPOffers are invited

Summary

A freehold property with potential for redevelopment/conversion of the site/building STP

Description

The property comprises a substantial detached property of approximately 551 sq m (5,930 sq ft) GIA positioned on a c. 0.535 acre site. The original property is of traditional block construction beneath a pitched tiled roof; the externals are rendered and painted. The original property has a number of single-storey extensions each, of block construction with a flat roof. The building is in a state of disrepair and is in need of modernisation. Externally, the site comprises grassed areas, hardstanding, and a number of mature trees. The rear can accommodate approximately 20 parked vehicles.

Location

Swansea is the second largest city in Wales and the administrative centre for west Wales. It is a thriving commercial and social hub, boasting two universities. The property is located in a residential suburb, c. 2 miles northwest of the city centre, and in close proximity to commercial uses along the A483; Ravenhill Park is immediately to the northwest of this site. The property occupies an elevated position fronting Ravenhill Road. The property is surrounded by mainly residential properties.

Accommodation

The property was most recently used as a social club and features a number of bar / seating areas at ground and first floor, with ancillary and amenity accommodation throughout. There is manager’s accommodation over first and second floors with storage and a beer cellar to the rear, at the ground floor level.

Planning

The property is not listed nor does it lie within a conservation area. The Local Authority is City and County of Swansea Council. The property currently has ‘sui generis’ use but offers potential for a variety of alternative uses (STP).

Rating

The property is entered in the 2023 Rating List with a current Rateable Value of £8,500. In Wales, there is 100% relief from the Rates payable, where the Rateable Value is less than £12,000.

Licensing

We understand the property traded with the benefit of a Club Premises Certificate.

Fixtures & Fittings

No fixtures and fittings will be included in the sale unless agreed. Any third party items, such as gaming machines, dispense equipment, sound systems etc, will also be excluded. Any items left on the day of completion will be included in the sale.

Tenure

Freehold with vacant possession.

Guide Price

The Vendor is seeking offers in the order of £375,000 unconditionally for the freehold interest with vacant possession.

EPC

The property has an EPC Rating of D-89.

Viewing

A viewing day will be organised in due course. A date is to be confirmed. Please inspect externally in the first instance.

Money Laundering Regulations

Regulations require Savills to conduct various checks on purchasers and tenants. Further details are available upon request.

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