Back to list of properties
YMCA, 1 The Kingsway, Swansea, West Glamorgan, SA1 5JQ
Guide Price* : £700,000 plus
MIXED-USE INVESTMENT OPPORTUNITY
- Freehold
- Current Income of £157,548 Per Annum
- Approximately 1,814 sq m (19,526 sq ft) NIA
- Multi-let Building with the Opportunity to Generate Further Income
Description
The property comprises a substantial detached Grade II listed building, constructed in 1913 and arranged over four storeys. The building is of traditional brick construction with stone dressings and retains a number of period features, including predominantly timber framed sash windows.
Internally, the ground floor provides the principal entrance from The Kingsway, together with a gymnasium, office accommodation and ancillary space, as well as access to the passenger lift and stairwell serving the upper floors. The property also benefits from two self-contained commercial units with frontage onto The Kingsway, comprising an A3 unit and a former day nursery.
The first floor comprises office accommodation, ancillary space and a dance studio, together with access to the Llewellyn Hall Theatre. The second floor provides further office accommodation and ancillary areas, whilst the third floor comprises additional office accommodation and a sports hall.
WC and staff facilities are provided throughout the building. Overall, the property offers extensive and versatile accommodation suitable for a range of community, leisure, educational and commercial uses, extending to approximately 1,814 sq m (19,526 sq ft) NIA.
The total site area extends to approximately 0.074 hectares (0.184 acres).
Location
The property is prominently situated on The Kingsway in Swansea city centre, occupying a highly visible corner position and benefiting from frontage to both The Kingsway and Page Street. The surrounding area comprises a mix of commercial, leisure, educational and residential uses, with the property located within one of Swansea's principal city centre thoroughfares.
Swansea is the second largest city in Wales and serves as the principal commercial, administrative and retail centre for South West Wales. The city benefits from a substantial resident population, a large student community and a strong tourism sector, supported by its waterfront location and proximity to the Gower Peninsula.
The property is well located for access to the city's retail and leisure amenities, Swansea Railway Station and the wider road network. The Kingsway forms a key route through the city centre and provides direct links to the A483 and Junction 42 of the M4 motorway, offering convenient connections throughout South Wales and beyond.
Swansea is situated approximately 42 miles west of Cardiff, 28 miles south of Carmarthen and 80 miles west of Bristol.
Tenure
The property is held Freehold under Title Number CYM31992.
Tenancy
The property is let to multiple occupiers on an all inclusive basis.
The current rental income generated is £157,548 per annum and is subject to increase with a new agreed lease to the YMCA over part of the building on sale of the property, full terms to be agreed with the perspective purchaser.
Planning Authority
Swansea Council - www.swansea.gov.uk
Bidder Registration
In order to bid you will be required to provide proof of identification, proof of address and source of funds before being authorised to bid.
We will also take a hold on funds from your bank card of £5,000 before you can bid.
Please see our Online Bidding and Registration Guide for further information, but note that as soon as you enter your debit or credit card, the hold on funds will be taken and this amount on your card will be "reserved" for this potential transaction and the amount will be deducted from the balance of your bank account.
Registration for bidding will close at 2pm the day before the auction, after which we cannot guarantee giving you permission to bid at the auction.
VAT
Refer to the legal documentation
Energy Performance Certificate
1 The Kingsway - C:57
2 The Kingsway - B:48
3-4 The Kingsway - D:81
Note
The Auctioneer has not internally inspected, the information has been provided by the Joint Agent.
Tenancy & Accommodation
| Address | Tenant | Lease Terms | Rent £ pa |
|---|---|---|---|
| 2 Kingsway - Cafe |
Vacant | - | - |
| 3-4 Kingsway - Youth Centre | YMCA Swansea | *Sale and leaseback. Break at end of Year 1 | £19,200 |
| Room 1- Admin Office | Vacant | - | - |
| Room 2 - Maintenance Room | Vacant | - | - |
| Rooms 3,6,7,8,8a, 9, 13 &13a- Office Consultancy Rooms | PSALT (now operated by Kaleidoscope) | 01/04/2023 - 31/03/2026 | £23,921 |
| Rooms 4 & 4a - Office/Consulting Rooms | Unity Therapy | 01/02/2026 - 01/01/2028 | £3,307* 5% uplift from Feb 27 |
| Room 5 - Theatre Green Room | Vacant | - | - |
| Rooms 10, 10a, 11, 12, 15 &16 - Office/Training Rooms | Adult Learning Wales | Rolling Contract | £50,400 |
| Room 14 - IT Room | - | - | - |
| Room 17 - Training Room | Barnados | Rolling Contract | £12,000 |
| Room 18 | Vacant | - | - |
| Room 19 | Vacant | - | - |
| Rooms 20, 21, 32, 33& 34 - Do Jo/Shop/Counter Area | Saru Jui-Jitsu | 30/06/2026-30/06/2029 | £27,720 |
| Rooms 22, 23 24, 25, 26, 27, 28, 29, 30 & 31 | Welsh Refugee Council | 01/10/2026 -01/10/2029 | £21,000 for 26/27 £22,050 for 27/28 £23,152 for 28/29 |
| Theatre | Informal Agreements | - | - |
| Dance Studio | Informal Agreements | - | - |
| Nursery | Vacant | - | - |
| Gym | Vacant | - | - |
| Total Income | - | - | £157,548 |
Accommodation
| Address | Accommodation | Sq M | Sq Ft |
|---|---|---|---|
| Self-contained Ground Floor Unit | A3 Unit | 89.60 | 964 |
| Self-contained Ground Floor Unit | Day Nursery | 232.70 | 2,505 |
| Ground Floor | Offices and Gymnasium | 253.00 | 2,723 |
| First Floor | Offices, Theatre and Staff Area | 443.20 | 4,771 |
| Second Floor | Offices | 345.20 | 3,716 |
| Third Floor | Offices and Sports Hall | 450.30 | 4,847 |
| Total NIA | 1,814 | 19,562 |
Contact
Joint auctioneers
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
** If you take up this service, Dynamo may pay a referral payment of up to 20% of the procuration fee received by Dynamo from the relevant lender on completion of the mortgage to us. This is not paid by you and has no impact on the service provided. Dynamo is a trading name of Dynamo Mortgages Limited, which is part of the same group of companies as Lambert Smith Hampton, owned by Connells Limited.
If you take up this service you will agree your own separate contract with Dynamo, and Lambert Smith Hampton is not responsible for the accuracy, quality or suitability of any advice, recommendations or services provided to you.
Loading the bidding panel...
The successful purchaser will be required to pay the auctioneers administration fee of £1,800 inclusive of VAT on purchases of £20,000 and above and £600 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
Joint Agent
Office Contact
Legal Documents
Log in to view legal documentsAgreement Documents
Additional Documents
Finance Available **
Make an enquirySubject to Contract and Exclusive of VAT © Lambert Smith Hampton September 2026
Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries, including LSH Property Auctions, and their joint agents if any (“LSH”) for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.