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Development Site For Sale, C1 and C2 Land at Olympus Court, Millstream Way, Swansea Vale, Swansea, SA7 0AQ

0.44 to 1.1 Hectare / Land

For Sale - £410,000.00

Available - Last updated: 04 July 2023

The site is rectangular and sits on a level greenfield site along side Olympus Court at the end of Millstream Way. The access road is owned and maintained by the City and County of Swansea Council until it is adopted as a public highway. An electricity pylon and overhead power lines traverse part of the site.
 

Location

The land is located on the established Swansea Vale development, north of Swansea Enterprise Park and at the eastern end of Millstream Way. It is situated about four miles north of the city centre, near Llansamlet, on the eastern side of the A4067 and close to both Junctions 44 and 45 of the M4 Motorway

Accommodation

2.73 acres (1.105 ha) net approx.

Terms

Planning The site is allocated for employment use in the adopted Local Development Plan. We recommend that all interested parties should make their own enquiries to the Planning Department of Swansea City and County Council. Tel: 01792 636000 or www.swansea.gov.uk.

Legal Costs Each party is to be responsible for their own legal costs incurred in the transaction.

Tenure The sites are available on a long leasehold basis (CYM433008 and CYM433010) expiring in 2133, with a fixed ground rent of £250 p.a.

VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the Rent. We recommend that the prospective tenants establish the implications before entering into any agreement. Price Price on application.

Specification

  • Development Land
  • 2.73 acres (1,105 ha) net approx.
  • The land can be split into two separate plots C1 - 1.10 acres and C2 - 1.63 acres.
  • The sites are available on a long leasehold basis (CYM433008 and CYM433010 expiring in 2133, with a fixed ground rent of £250 per annum.
  • Guide price £150,000 per acre.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price For Sale Freehold £410,000.00 NA

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Owen Young

Alder King

029 2199 0363

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