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.
(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
