LONG LEASEHOLD FOR SALE

The property is arranged over two storeys. The ground floor comprises of a banking hall, back office functions, interview rooms and staff welfare facilities. The first floor is currently sublet to a Dental Practise. Tenure The property is held on an existing fully repairing and insuring lease for a term of 99 years expiring 15/08/2079. The current passing rent is £7,500 per annum subject to 5 yearly rent reviews. The first floor is currently sublet to Stephen Paul Thomas and David Anthony Huws. The first-floor tenants are currently holding over at a passing rent of £14,000 per annum. Price The property is available by way of assignment. Quoting premium, offers in the region of £115,000 exclusive. Legals Each party to bear their own legal costs. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £27,250 and the rates payable are £13,052.75 pa. The UBR for 2017/2018 is 47.9p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

The property is located in Westlea, Swindon, which lies approximately 2.5 miles east of Swindon city centre. Bristol is approximately 40 miles west and Reading is approximately 43 miles east. Anchored by Asda the property is situated on the external forecourt of the West Swindon District Centre. The external forecourt comprises of a parade 11 retail units and a Public House (Harvester) which lie adjacent to the main building (Asda) and Car Park. Occupiers within the immediate local vicinity include Taylors, Natwest, Dominos and Coral.

Sizes and Measurements

Total Size

2,113sqft

Sales Area

925sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

925sqft

Status

Under offer

Available from

Now

First Floor

Details

Non-Sales

Size

1,188sqft

Status

Under offer

Available from

Immediately

Lease Information & Charges

Lease type

Long Leasehold

For sale

£115,000

UBR

47.9p

Ratable Value

£27,250.00

Business Rates

£13,052.75/pa

Specification

  • Long Leasehold Available 
  • Neighborhood Shopping Centre
  • A2 Use

Floorplan

SIWNDON GOAD

Photos

SWINDON IMAGE

Map Data
Map data ©2019 Google
Map DataMap data ©2019 Google
Map data ©2019 Google
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