The property comprises a modern two storey detached office building with brick/rendered elevations and openable double glazed windows with blinds under a pitched tiled roof. The ground floor has 3 partitioned offices, a kitchen, staff room and 2 toilets. The first floor offices are open plan with part air conditioning. The property has LED lighting, perimeter trunking, carpeting and central heating via radiators. The property has 11 allocated car parking spaces.
Location
The property is prominently located at the junction of Lancaster Place and Stirling Road within South Marston Park. The property is located close to the entrance of the estate from the Vickers roundabout on the A361 via Viscount Way then Stirling Road. South Marston Park itself is very well located in a strategic transport hub close to the A419, A420, Junction 15 of the M4 and is 5 miles from Swindon town centre.
Accommodation
Ground Floor
2/3 Offices - 1,460 sq ft
Kitchen/Staff room - 175 sq ft
2 WC's
Subtotal - 1,635 sq ft
First Floor
Offices - 1,652 sq ft
WC
TOTAL - 3,287 sq ft
Terms
The property is being offered for sale on a long leasehold basis of 999 years from 30/09/2019 at a peppercorn rent per annum with vacant possession on completion. Alternatively the offices may be let on a flexible term full repairing and insuring lease as a whole or on a floor by floor basis.
PRICE - Offers in excess of £475,000 plus VAT are invited for the long leasehold interest with vacant possession.
RENT
Ground floor: £24,525 p.a. excluding VAT and outgoings.
First floor: £24,780 p.a. excluding VAT and outgoings.
Whole: £49,305 p.a. excluding VAT and outgoings
SERVICES - We are advised that all mains services are connected to the property, but we have not carried out any tests of services or service appliances.
SERVICE CHARGE - We are advised that there is an estate service charge for maintenance of common areas; current cost circa £1,500 per quarter. Further information is available from the agents.
BUSINESS RATES - Informal enquiries via the Valuation Office website indicates that the property is currently assessed as follows: -
Rating List Description: Office and Premises
Rateable Value (2023): £37,000
Uniform Business Rate (2024/25): £0.499
Full Rates Liability (2024/25): £18,463.00
N.B. Further information on business rates is available from Swindon Borough Council on 01793 463000.
EPC - The property has an Energy Performance Certificate of Band C (58).
LEGAL COSTS - Each party to bear their own legal costs.
Specification
- Self contained offices
- 11 allocated car park spaces
- With own toilets & kitchenette
- Fibre broadband available