Mumbles Road
Mumbles, Swansea, SA3

£1,100,000 Guide price
1012
  • Unit 5, Meridian Wharf, Trawler Road,
    Swansea, SA1 1LB
  • Sales & Lettings 01792 825970
Call Us 01792 825970

Features

  • Exciting Development Opportunity- • Planning Number - 2017/2697/FUL
  • Operational business opportunity
  • Versatile investor opportunity
  • • Estimated GDV - £2.25-2.5m
  • Yards from the seafront
  • Located in the heart of a resurgent and vibrant restaurant and bar culture
  • Good transport links to the newly built Swansea Arena
  • Planning permission granted for residential *Call for further details*
  • Guide Price £1,100,000-£1,300,000
  • Auction pack available on request & - Mortgage buyers welcome

Description

Tenure: Freehold

Patricks with Rooms has been a family run establishment for over 20 years and has served as a fantastic venue for the Mumbles community. Having expanded the premises into a larger bar and restaurant and having developed a large and ever-growing client database, Patricks with Rooms is one of the last remaining opportunities in Mumbles yet to be developed. Patricks offers huge potential to a keen investor or property developer.

Planning Number - 2017/2697/FUL

  • Outline - Planning permission granted to convert the upper floor hotel into five residential maisonettes above 634, 636 and 638 with external alterations including roof lights, three dormer windows on front elevation, rear extension to 636 - 638 Mumbles Road and associated works to allow subdivision of existing ground floor restaurant 

The property encompasses three developments by the current owners, conjoining 638,636,634 Mumbles Road, although currently trades as one single property, it could easily be split back into three separate units. The property also comprises three trading floors, with public and back of house areas plus, three large attic spaces that would further add to the development potential.

 

 

Patricks not only has a fantastic commercial aspect with the restaurant and bar area to the ground floor but has also a great name for hospitality suites and executive rooms. These areas of Patricks have now had planning to be converted into five, three bedroom maisonettes. When finished, these properties will be highly sought-after with sea views over Swansea Bay and an enviable location in the heart of Mumbles and just yards from the seafront promenade. Each of these properties will boast three double bedrooms, Master en-suite and open-plan living with elevated sea and promenade views. Once constructed, these maisonettes will be a valuable investment.

This is a great opportunity to offer something new and bespoke in the heart of one of Wales’ most desirable and well-known coastal areas.

This property currently trades as a luxury 10-bedroom hotel, large restaurant and lounge bar serviced by a generous commercial kitchen.

https://www.patrickswithrooms.com/

Alternatively, there is potential for any keen investor or operator to utilise or lease the Commercial units on the Ground Floor whilst offering to rent out the existing rooms to holiday makers and/or people visiting the area for business reasons.

For further information and to arrange your viewing, contact our office at your earliest opportunity. Viewings are highly recommended to appreciate this iconic venue and superb location.  

Entrance:
Patricks has a main entrance set just off Mumbles front, with easy access to and from the beachfront and promenade. Entry is gained via the front entrance into Patricks main Bar and Lounge area.

Lounge and Bar:
The Bar is set in the Lounge area and conveniently has access to both the gents and ladies bathrooms as well as having access to the rooms above via a spacious staircase which also benefits lift access. The Lounge is set over two levels and looks out onto the Mumbles front and Southend Gardens.

Restaurant:
Patricks restaurant is well known for its exquisite fine dining and atmosphere, a place where you can really capture the essence of eating out with friends and loved ones. This establishment has hosted a vast number of celebrity guests who have enjoyed their stay and returned to enjoy on an annual basis. 

Rooms 1-10:
All rooms are dressed impressively with sea and park views to the front and each with it's own large en-suite or executive bathroom.

Exterior:
The rear has an external terrace mixed with a range of planted pots and fire escape routes from the main building. There is an easement in place from the terrace, onto 642 Mumbles road, for the purpose of emergency exit only.

https://www.whoobid.co.uk/accueil/auction/801

EPC rating: B.

Documents

Floorplan
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Floorplan
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Floorplan
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Floorplan
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Floorplan
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Floorplan
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Floorplan
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EPC Certificate
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