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Industrial / Warehouse / Office Use, Matrix Court, Siemens Way, Swansea Enterprise Park, Swansea, SA7 9BB

137,886 Sq Ft / Industrial / Warehouse

For Sale

To Let

Available - Last updated: 20 November 2024

  • Steel portal frame construction building.
  • Constructed in 1990, converted to Call Centre use in 1999.
  • Triple pitch roof with translucent roof sheet panels.
  • Steel profile sheet cladding mixed with glazing along front elevation.
  • Large glazed central reception hall / atrium.
  • Mezzanine offices and ancillary accommodation.
  • Minimum eaves height of 6m, rising to 8m at the apex.
  • Self-contained, secure fenced site, accessed from a roundabout at the southern end of Siemens Way.
  • Large yard / substantial car parking areas.

Potential Conversion or Redevelopment - The Property is suitable for office use, conversion to industrial / warehouse, or other alternative uses subject to any necessary consents.

The Site also offers a prime redevelopment opportunity in Swansea, subject to planning and any other necessary consents.

Whilst a variety of uses could potentially be accommodated, the steel portal frame construction and external areas lends itself to conversion to industrial / warehouse in particular. 

Location

  • Located on Siemens Way with access to Junction 45 of the M4 Motorway provided via the A48 and A4067.
  • Pedestrian access across the river Tawe is via Mannesmans Bridge to Beaufort Road.
  • Close proximity to The Swansea.com Stadium, situated a short walk south, via a riverside walk or the A4067.
  • Situated on Swansea Enterprise Park, the largest mixed use employment / trading cluster in Swansea.
  • Swansea City Centre is accessed by road via Siemens Way, Nantong Way and the A4217.
  • Swansea is the second largest city in Wales, with a local population of 238,500 (2021 Census), and a catchment of 700,000 within the Swansea Bay City Region.
  • The nearest international airport is Cardiff, with direct flights to destinations across Europe.
  • Major investment and expansion has continued within Swansea’s higher education sector with both Swansea University and University of Wales Trinity St Davids, with new campuses and facilities being developed recently.
  • Swansea has an electrified high speed mainline rail service to London Paddington, with regular direct services running hourly throughout the day, stopping at Cardiff and Bristol, and taking approximately 3 hours 45 minutes.

Accommodation

The Property has been measured on a Gross Internal Area (GIA) basis to comprise the following approximate areas:

Ground Floor - 103,334 sq ft (9,600 sq m)

Mezzanine Floor - 34,552 sq ft (3,210 sq m)

Total Floor Area - 137,886 sq ft (12,810 sq m) 

Main Site - 6.10 acres (2.47 hectares)

Potential Additional (Tenanted) Land - 2.83 acres (1.15 hectares)

Total Site - 8.93 acres (3.61 hectares) 

Terms

SERVICES - We understand that mains services are provided to the Property including water, drainage, electricity and gas.

We understand that the Property currently benefits from 2x 1,500 kva lines.

PLANNING - The Property was previously used as offices / Call Centre.

We would anticipate that the Property may be suitable for continued office use, conversion to industrial / warehouse, or other alternative uses subject to any necessary consents.

Parties are advised to make their own enquiries of the Local Planning Authority in respect of their current permitted use and their proposed use / operation.

RATEABLE VALUE - The Property is listed in the Valuation List 2023 as Offices & Premises with a Rateable Value of £540,000, giving a 2024/25 rates payable of £303,480. The current assessment reflects the former use as an office / Call Centre.

Parties are advised to make their own enquiries of the Local Rating Authority with regard to any reliefs that may be available for their proposed business / use.

ENERGY PERFORMANCE - The Property has been given an Energy Performance Rating of D-87.

The full certificate is available upon request.

BUILDING INSURANCE / SERVICE CHARGE - The Tenant / Purchaser will be responsible for Building Insurance and any Estate / Service Charges which may be payable in respect of the property.

TENURE - The Property is available to Lease either as a whole or in part, subject to Tenant covenant and Lease terms.

Alternatively, the Property is available For Sale with Vacant Possession, save for a Tenancy of a small outbuilding (The Energy Centre).

The Property is held under Long Leasehold Title WA671819, such Lease being for a Term of 125 years from 29 September 1990.

The additional car park to the north of the Site, is held under Long Leasehold Title CYM174939 and Freehold Title CYM176297, and is available to purchase by separate negotiation. The additional car park is leased as a whole to Virgin Media, further details are available upon request.

TENANCIES - Vodafone occupy a small outbuilding (The Energy Centre) to the western side of the main building, which is leased together with associated rights of access and egress across the Site. The Lease is for a Term of 10 years from 30th October 2020, at a Rent of £10,148 per annum exclusive, subject to upward only Open Market Rent Review on 30th October 2025.

The additional car park to the north of the Site, is leased as a whole to Virgin Media. Further details are available upon request.

Specification

  • Steel portal frame former call centre premises, with large yard / substantial car parking areas.
  • Tenant, owner occupier, refurbishment or redevelopment opportunity.
  • Suitable for office use, conversion to industrial / warehouse, or other alternative uses subject to any necessary consents.
  • Prime redevelopment opportunity, subject to planning.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Available on application For Sale Leasehold NA NA
Available on application To Let NA NA

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Contact agents

Philip Cranstone

CBRE Ltd (Bristol)

0117 369 1305



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