Summary
The property comprises the ground floor element of The Paramount Building, a mixed use property where the upper floors comprise a 200 apartment residential scheme which was completed in 2008. Access is gained via a main entrance fronting Princes Street leading to a main entrance foyer with a secure keypad access system.
The major regeneration of Swindon's central business district is well underway, centred on the refurbishment of One Newbridge Square, a 100,000 sq ft Grade A office building which will attract a large number of additional employees to the central business area.
Key Points
Prominent position near to Wyvern TheatreAir conditioned30 secure parking spacesSuitable for a variety of uses
Terms
The property is available to let on a new FRI lease via service charge for a term of years to be agreed. The quoting rent is £115,000 per annum exclusive of business rates, service charge and VAT (If applicable).
User
Ground Floor Paramount is suitable for a variety of uses subject to planning and Landlord's consent, which is not to be unreasonably withheld. Further information is available from the agents.
Viewings
Strictly by appointment with the sole agents Loveday, Ref: Bradley Forbes, Tel: 01793 423344.
Business Rates
The property is assessed as "Leisure Centre and Premises" and has a rateable value of £97,000 as at 1st April 2023.
Legal Costs
Each party is to be responsible for their own costs incurred during the transaction.
EPC
The property has an EPC rating of B - 35. A copy of the EPC report is available on request.
Location
Ground Floor Paramount is situated in a prominent roadside position on Princes Street in Swindon town centre, nearby to the Wyvern Theatre and Whalebridge Car Park (which provides parking for a total of 850 cars). Also adjacent are the Leonardo and Travelodge hotels.
The property is a short walk from Swindon's Old Town area and the town centre railway station, which offers a rail link to London Paddington of approximately 50 minutes'.