- Land & Development
Swindon is strategically located on junctions 15 and 16 of the M4 motorway providing direct access to London and Bristol, and via the A419 to junction 11a of the M5 motorway. The town is an important provincial centre and has attracted many major companies including Zurich Insurance, Nationwide Building Society, Honda Manufacturing and Intel.
106 Commercial Road is a mid terraced retail/office unit which is open plan and has a prominent display window. The property has a suspended ceiling and Cat 2 lighting. Beyond the retail area is a small office and kitchenette with wc. To the rear of the property is an allocated parking space, beyond which is the Granville Street public car park.
In accordance with the RICS Code of Measuring Practice (6th Edition) the floor areas have been measured on a net internal area basis and are calculated as follows;
Retail area - 553 sq ft (51.41 sq m)
Lobby - 25 sq ft (2.31 sq m)
Rear office - 131 sq ft (12.18 sq m)
Total - 709 sq ft (65.9 sq m).
We are advised that mains drainage, water, electricity are connected. However, we have not verified the existence or tested any of the service installations and advise that interested parties make their own investigations as to their state and condition.
The property is available to let by way of a new full repairing and insuring lease at an asking rent of £12,000 per annum exclusive.
The Valuation Office website describes the property as 'Shop and Premises' with a rateable value of £15,000. The rates that you pay will depend upon individual circumstances of your business. Enquiries should be made to the local billing authority Swindon Borough Council.
The property is exempt from VAT.
The lessee will be required to contribute towards the lessors legal costs
To the rear of the property is an allocated parking space,
EPC RATING (This is how energy efficient the property is)
Certificate Registration No.: 0299-9392-4690-3803
C (51-75) = 54
MONEY LAUNDERING REGULATIONS
Tenants/purchasers will be required to provide identity information so Anti Money Laundering checks can be undertaken before an offer can be accepted on any property we are marketing.
Strictly by appointment with the Agent - Kavanaghs. See property particulars for contact details.