Let to Huw Grays Limited until December 2116 (No Breaks)
Providing 92 years unexpired to lease expiry
5 yearly rent reviews to 15% of Open Market Rental Value
Site Area of approx. 0.53 Ha (1.32 Acres)
Situated in the well established Hawksworth Trading Estate
Busy Industrial Location
Lot 4
Auction 25th September 2024
Rent £26,000 per Annum Exclusive
Status Sold
Price £575,000
Sector Ground Rent
Auction Venue Live Streamed Auction
Property Information
Location
Miles
15 miles south of Cirencester, 39 miles east of Bristol
Roads
A3102, M4
Rail
Swindon Railway Station
Air
Bristol Airport
Situation
The property is located in the well established Hawksworth Trading Estate, conveniently positioned adjacent to the Great Western Way (B4289) and some 700 metres north west of Swindon Railway Station. Nearby occupiers on The Hawksworth Trading Estate include Brewers, TPS Auto Parts, Smart Car UK and Skoda Parts Direct.
Tenure
Freehold.
Location
Miles
15 miles south of Cirencester, 39 miles east of Bristol
Roads
A3102, M4
Rail
Swindon Railway Station
Air
Bristol Airport
Situation
The property is located in the well established Hawksworth Trading Estate, conveniently positioned adjacent to the Great Western Way (B4289) and some 700 metres north west of Swindon Railway Station. Nearby occupiers on The Hawksworth Trading Estate include Brewers, TPS Auto Parts, Smart Car UK and Skoda Parts Direct.
Tenure
Freehold.
Description
The property comprises a site of 0.53 Ha (1.32 Acres) upon which sits a trade counter/ warehouse with yard area.
VAT
VAT is applicable to this lot.
Description
The property comprises a site of 0.53 Ha (1.32 Acres) upon which sits a trade counter/ warehouse with yard area.
VAT
VAT is applicable to this lot.
Tenancy & Accommodation
Site Area Approx. Ha
Site Area Approx. (Acres)
Tenant
Term
Rent p.a.x.
Review
Reversion
0.53
(1.32)
HUW GRAYS LIMITED
125 years from 01/01/1992
£26,000
01/01/2027 and 5 yearly thereafter (1)
31/12/20116
(1) The 5 yearly rent reviews are geared to 15% of Open Market Rental Value.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
