67-68 Commercial Road, Swindon, SN1 5NX

  • Investment
  • 935 to 2,923 sq ft
  • For Sale
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Sold
Property Type Investment
Tenure For Sale
Size 935 to 2,923 sq ft
Price Offers from £350,000 plus VAT
Energy Performance Rating This property has been graded as D

Investment

Key Features

  • Double fronted retail unit on main road
  • Town centre location close to Brunel Centre
  • Upper floor flats let on AST's at £600 pcm and £900 pcm
  • 975 sq ft plus 2 maisonettes (1 x 2 bed and 1 x 3 bed)
  • Ground floor let to 06/11/2024 at £15,000 pa plus VAT
  • 4 on site car spaces

Description

A self contained three storey terraced building.

Available area

The accommodation comprises the following areas:

Name sq ft sq m
Ground - Shop 975 90.58
1st - Upper 2 no bed flat with separate access 936 86.96
1st - Upper - 3 no bed flat with separate access 1,012 94.02
Total 2,923 271.56

Location

Located close to the Brunel Centre.

Commercial Lease

The ground floor is let on a 6 year lease from 21st November 2018 to Prospect Hospice Ltd at a rent of £15,000 pa plus VAT, payable quarterly in advance. Prospect Hospice Ltd has 15 retail shops in and around Swindon.

Upper floor flats are let on AST's at £900 pcm and £600 pcm.

Price

£350,000 plus VAT.

Business Rates

To be reassessed.

EPC's

Ground floors 67/68 - Band C
First floor 67A - Band D
First floor - 68A - Band D

AML

Purchasers will be required to undertake anti money laundering checks prior to solicitors being instructed.

Legal Costs

Each party will be responsible for their own legal costs.