132 High Street Royal Wootton Bassett Wiltshire SN4 7AY

132 High Street
Royal Wootton Bassett
Wiltshire
SN4 7AY

Freehold Retail Investment

Let to Mackays Stores Limited (t/a M&Co) on a new 10 year lease (1)
Prominent town centre location
VAT-free Investment
Adjacent to Boots and diagonally opposite Superdrug, NatWest and Betfred
M&Co in occupation since 2007

Lot
5
Auction
11th July 2018
Rent
£31,500 per Annum Exclusive
Status
Sold
Price
£377,000
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On the Instructions of M&Co.

Important Update Interested?

Expand
Photos
Map

Freehold Retail Investment

Let to Mackays Stores Limited (t/a M&Co) on a new 10 year lease (1)
Prominent town centre location
VAT-free Investment
Adjacent to Boots and diagonally opposite Superdrug, NatWest and Betfred
M&Co in occupation since 2007

Lot 5
Auction 11th July 2018
Rent £31,500 per Annum Exclusive
Status Sold
Price £377,000
Sector
High Street Retail
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On the Instructions of M&Co.

Property Information

Location

Miles: 5 miles west of Swindon; 33 miles south-east of Oxford; 31 miles east of Bristol; 76 miles west of London
Roads: M4, A419, A429, A3102
Rail: Swindon Railway Station
Air: London Heathrow and Bristol Airports

Situation

Royal Wootton Bassett is an attractive market town in the county of Wiltshire, located 5 miles west of Swindon. The town is situated close to Junction 16 of the M4 motorway.
The property is situated in the town centre on High Street, close to its junction with Station Road. The Borough Fields Shopping Centre with a Sainsbury’s supermarket and car park is located diagonally opposite. Occupiers close by include Boots (adjacent), Coral, Thorntons, Subway, Barclays, Betfred, Superdrug, NatWest, Iceland and WHSmith, amongst a number of local traders.

Tenure

Freehold.

Location

Miles: 5 miles west of Swindon; 33 miles south-east of Oxford; 31 miles east of Bristol; 76 miles west of London
Roads: M4, A419, A429, A3102
Rail: Swindon Railway Station
Air: London Heathrow and Bristol Airports

Situation

Tenure

Freehold.

Description

The property comprises a ground floor shop together with staff and storage accommodation at first floor. There is an attic floor currently used for storage. The property benefits from a rear yard accessed via Tanners Close.

VAT

VAT is not applicable to this lot.

EPC

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

Description

VAT

VAT is not applicable to this lot.

EPC

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

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review
Ground First Attic	Retail Ancillary Ancillary	247 sq m 53 sq m 25 sq m	(2,658 sq ft) (571 sq ft) (269 sq ft)	MACKAYS STORES LIMITED t/a M&Co (2)	10 years from completion on a full repairing and insuring lease (1)	£31,500	2023
Total		325 sq m	(3,498 sq ft)			£31,500

(1) Tenant’s option to determine in the fifth year.
(2) For year ended 24th February 2017, Mackays Stores Limited reported a turnover of £165,611,000, pre-tax profits of £1,100,000 and a total net worth of £36,441,000 (Source: Experian Group 12/06/2018). Mackays Stores Limited is one of the largest privately-owned
fashion retailers in the UK. Since inception in the 1960s, M&Co now trades from over 300 stores nationwide with a further 22 stores overseas.