Issue details

Letting of The Palace Theatre, Prince of Wales Road, Swansea.

Swansea Council has purchased the badly neglected Landmark Grade II Listed Building to aid in the regeneration of Swansea’s High Street. The Building is to be refurbished by the Council with the help of Welsh Government funding. The building will be converted into modern collaborative working space, the Council will retain ownership and then lease the property to an external party. The opportunity to lease has been advertised and a lease agreed in principle. The yearly rent is above delegated limits and therefore needs to be approved by Cabinet.

Decision type: Key

Decision status: Recommendations Approved

Notice of proposed decision first published: 14/05/2021

Anticipated restriction: Fully exempt  - View reasons

Decision due: 17 Jun 2021 by Cabinet

Lead member: Cabinet Member - Corporate Services & Performance (Deputy Leader)

Lead director: Director of Place

Contact: Lewis Hinds, Client Services Manager, Property Services Email: lewis.hinds@swansea.gov.uk.

Agenda items