- 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.
The property is an end of terrace ground floor lock-up shop which has a prominent display window with return frontage to Commercial Road/New Hall Street. The property comprises a large open plan retail area, beyond which is a small kitchen and separate WC. The property has direct line of sight to Havelock Street which leads in to the centre of the primary retail area of Swindon.
In accordance with the RICS Code of Measuring Practice (6th Edition) the property has been measured on a net internal area basis and the floor areas have been calculated as follows;
Ground floor - 596 sq ft (55.40 sq m)
We are advised that mains drainage, water and 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 by way of a new full repairing and insuring lease at an asking rent of £10,000 per annum exclusive of rates, service charge, VAT and all other outgoings.
The Valuation Office Website describes the property as 'shop and premises' with a rateable value of £12,500. 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.
We are informed by our client that the property is VAT elected.
Each party to be responsible for their own legal costs.
EPC RATING (This is how energy efficient the property is)
An EPC has been commissioned and is awaited.
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 agents - Kavanaghs. Please see property details for full contact information.