First Floor, 11-12 Commercial Road, Swindon, SN1 5NF
1,131 Sq Ft / Offices
For Sale
- £150,000.00
Under Offer - Last updated: 20 November 2024
Summary
The first floor office space has direct street level access and provides good quality accommodation incorporating a kitchen and two separate office areas. There are 2 tandem car parking spaces to the rear of the property.
Key Points
999 YEAR LONG LEASEHOLD WITH EFFECT FROM JANUARY 2007CURRENT RENTAL INCOME OF £14,400 PER ANNUMGOOD QUALITY ACCOMMODATIONCLOSE TO TOWN CENTREPROMINENT COMMERCIAL ROAD LOCATION WITH DIRECT STREET LEVEL ACCESS
Viewings
Viewing and further information is strictly by prior appointment through the agent.
Anti-Money Laundering Regulations
A prospective purchaser will be required to provide information to satisfy these Regulations once terms have been agreed.
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Tenure
The property is held by way of a 999 Long Leasehold with effect from 26th January 2007, at a ground rent payable of £25.00 per annum.
The premises are let as a whole to Key2 Futures Limited on 5-year lease with effect from 25th October 2022, at a rent of £14,400 per annum, with annual RPI rent reviews.
There is a mutual break clause in which the Landlord or the Tenant may terminate the Lease on the 25th October 2025.
Location
11/12 Commercial Road is prominently located, close to the Regent Circus end of Commercial Road and the town centre retail areas.
It is an established location for financial and professional services occupiers such as insurance brokers, estate agents and recruitment agencies.
Property Quote Price(s)
Description | Sale type | Guide price | Price type |
|
For Sale Freehold
|
£150,000.00
| NA |
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