Mon, 09 Jan 2012 | COMMERCIAL PROPERTY
Swansea Observatory has been put up for sale, and the current owners are looking for a potential buyer who can put forward an "imaginative" proposal for the unique building.
The five-storey building is currently owned by Swansea City Council, but they are looking to sell it as they have been unable to find a suitable tenant for it since Swansea Astronomical Society vacated it two years ago, citing prohibitive rent costs.
The council has set a deadline of the end of March for interested potential buyers to submit proposals for the seafront observatory with financial offers. No guide price has been put on the building, which was built in 1988, and its eventual price will be determined by the plans put forward.
Swansea Council's representative for regeneration, Gareth Sullivan, said that they were keen for the features of the observatory - which include a domed roof, an access tower with a spiral staircase, a stained-glass roof and panels of carved poetry - to be incorporated into new plans for it, but that other proposals would also be considered.
"We'd invite any developers with other imaginative design ideas to get in touch because we don't want to preclude innovative proposals," Sullivan explained. "This building presents an exciting opportunity at a prestigious waterfront location within touching distance of the city centre that offers panoramic views of Swansea Bay."
For sale is a long-established tree surgery and arboricultural services business with an excellent reputation, serving both domestic and commercial sectors across Southern England, including the Home Counties and London.
An opportunity has arisen to acquire a mechanical engineering company specialising in the Water Industry. Benefitting from over 3 decades of trading, this business has built a solid and long standing client base comprised of prominent UK utility comp...
An opportunity has arisen to acquire a reputable IT support and development services provider with a UK-wide client base and a proven record for innovation and resilience in the constantly evolving IT sector. Throughout its 25+ year trading history,...
25
|
Apr
|
Scaffolding company Hi-Point Access raises funds following Gap acquisition | BUSINESS SALE
Sheffield scaffolding company Hi-Point Access has secured &p...
24
|
Apr
|
Malaysia's IJM buys a stake in London construction firm JRL | BUSINESS NEWS
IJM Corporation Berhad has bought a 50% stake in Borehamwood...
24
|
Apr
|
Training group Babington bought by PE-backed Knovia | BUSINESS SALE
Apprenticeship and training provider Babington has been acqu...
25
|
Apr
|
Scaffolding company Hi-Point Access raises funds following Gap acquisition | BUSINESS SALE
Sheffield scaffolding company Hi-Point Access has secured &p...
24
|
Apr
|
Red Blaze chooses employee ownership | BUSINESS SALE
Twigworth, Gloucester-based events business Red Blaze has tr...
24
|
Apr
|
Training group Babington bought by PE-backed Knovia | BUSINESS SALE
Apprenticeship and training provider Babington has been acqu...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.