18/22 Bridge Street & 16/17 Fleet Street Swindon Wiltshire SN1 1RQ

  • 18/22 Bridge Street & 16/17 Fleet Street<br>Swindon<br>Wiltshire<br>SN1 1RQ

18/22 Bridge Street & 16/17 Fleet Street
Swindon
Wiltshire
SN1 1RQ

Freehold Mixed Use Development Opportunity

  • Prominent corner position in pedestrianised town centre
  • Planning application submitted for 14 residential flats and four retail units (see planning paragraph)
  • 17 Fleet Street is let until 2023 (subject to option)
  • Nearby occupiers include Wilkinsons, Holiday Inn, Londis and Betfred
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    45
  • Auction
    16th February 2017
  • Rent
    £11,500 per Annum Exclusive
  • Status
    Sold
  • Price
    £405,000
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of a Major Fund Manager
Important UpdateInterested?
  • Expand
  • Photos
  • Map

Freehold Mixed Use Development Opportunity

  • Prominent corner position in pedestrianised town centre
  • Planning application submitted for 14 residential flats and four retail units (see planning paragraph)
  • 17 Fleet Street is let until 2023 (subject to option)
  • Nearby occupiers include Wilkinsons, Holiday Inn, Londis and Betfred
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 45
  • Auction 16th February 2017
  • Rent £11,500 per Annum Exclusive
  • Status Sold
  • Price £405,000
  • Sector
    Development
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of a Major Fund Manager

Property Information

Location
Miles
15 miles south of Cirencester, 39 miles east of Bristol
Roads
A3102, M4
Rail
Swindon Rail (1 hour to Central London)
Air
Bristol Airport
Situation

The property occupies a prominent corner position on the pedestrianised Flint Street at its junction with Bridge Street. The property is located within a short distance of Swindon Railway Station and The Brunel Centre, which comprises over 100 occupiers anchored by Sainsbury’s, House of Fraser and Marks & Spencer. Nearby occupiers include Wilkinsons, Holiday Inn, Londis and Betfred.

Tenure

Freehold.

Location
Miles
15 miles south of Cirencester, 39 miles east of Bristol
Roads
A3102, M4
Rail
Swindon Rail (1 hour to Central London)
Air
Bristol Airport
Situation

The property occupies a prominent corner position on the pedestrianised Flint Street at its junction with Bridge Street. The property is located within a short distance of Swindon Railway Station and The Brunel Centre, which comprises over 100 occupiers anchored by Sainsbury’s, House of Fraser and Marks & Spencer. Nearby occupiers include Wilkinsons, Holiday Inn, Londis and Betfred.

Tenure

Freehold.

Description

The property comprises a four storey corner building currently arranged as a bar/nightclub and a retail unit. 18-22 Bridge Street is a ground floor bar/nightclub with first floor and basement ancillary accommodation and two bedsit flats currently used as staff accommodation at the second floor. 17 Fleet Street is a ground floor retail unit.

VAT

VAT is applicable to this lot.

Planning

A planning application was submitted on 23rd September 2016 for demolition of 20 Bridge Street and 17 Fleet Street, erection of 4 commercial units (Class A1 and A3) and 14 residential apartments and associated works. For further information please visit www.swindon.gov.uk/info/20030/planning_and_regeneration/380/view_or_ make_comment_on_a_planning_application Ref: S/16/1679.

Viewings

There will be a block viewing for this property. Please register your interest with Georgina Roberts.
Telephone: +44 (0)20 7034 4863 Email: Georgina.Roberts@acuitus.co.uk.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a four storey corner building currently arranged as a bar/nightclub and a retail unit. 18-22 Bridge Street is a ground floor bar/nightclub with first floor and basement ancillary accommodation and two bedsit flats currently used as staff accommodation at the second floor. 17 Fleet Street is a ground floor retail unit.

VAT

VAT is applicable to this lot.

Planning

A planning application was submitted on 23rd September 2016 for demolition of 20 Bridge Street and 17 Fleet Street, erection of 4 commercial units (Class A1 and A3) and 14 residential apartments and associated works. For further information please visit www.swindon.gov.uk/info/20030/planning_and_regeneration/380/view_or_ make_comment_on_a_planning_application Ref: S/16/1679.

Viewings

There will be a block viewing for this property. Please register your interest with Georgina Roberts.
Telephone: +44 (0)20 7034 4863 Email: Georgina.Roberts@acuitus.co.uk.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review
17
Fleet Street		 Ground Retail
72.88 sq m
( 784 sq ft)
 INDIVIDUAL
(t/a Reynolds
Blinds) (1)		 10 years
from
28/07/2013
until
27/07/2023
(2)		 £11,500 28/07/2018
16/17 Fleet
Street &
18-23
Bridge
Street		 Ground
Basement
First
Second		 Bar/Nightclub
Ancillary
Ancillary
Residential/Ancilllary
692 sq m
Not Measured
242 sq m
128 sq m
(7,448 sq ft)

(2,604 sq ft)
(1,377 sq ft )
 VACANT
POSSESSION
(see planning
paragraph)		      
Total  
1,134 sq m
(12,213 sq ft)
     £11,500  

(1) Reynolds blinds was established in 1987 and now have well established shops in Leamington Spa, Swindon, Oxford and Chipping Norton. (Source: www.reynoldsblinds.net 17/01/2017)
(2) The lease provides a tenant option to determine on 28/07/2018.

Contacts

Seller's Solicitors
Hamlins LLP Roxburghe House273-287 Regents Street
London
W1B 2AD
Joseph Holder 0207 355 6112joseph.holder@hamlins.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

You may also be interested in

By clicking the Submit button I confirm that I would like to get updates on this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

We will keep you updated about lot xthis property.

In the meantime, if you would like to speak to the Surveyor about this property, please call on .

Are you sure you want to remove this property from your Watch List?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?