By order of trustees
6 Week completion
Occupying a prominent trading position close to the junction with Havelock Street within one of the main professional and financial services areas in Swindon, only a short distance from the Brunel Shopping Centre and the busy Regent Street, adjacent to A-Plan Insurance, and with other nearby occupiers including Endsleigh, NatWest, Swinton, Cash Convertors and Ladbrokes.
Swindon is a major business and commercial centre, located within the prosperous M4 corridor, enjoying easy access to the M4 Motorway (Junctions 15 & 16) midway between Reading and Bristol.
A mid terraced building comprising a Ground Floor Shop with A2 use plus internal access to further Offices and Ancillary Accommodation at first and second floor level.
There is rear vehicular access for unloading together with off-street parking for 2 cars.
Ground Floor Shop
Gross Frontage 16'6''
Internal Width 15'7''
Shop Depth 24'5''
Built Depth 45'4''
First Floor Office
Area Approx. 290 sq ft
Kitchen Area Approx. 35 sq ft
Second Floor Office
Area Approx. 80 sq ft
VAT is NOT applicable to this Lot
The entire property is let on a full repairing and insuring lease to Morcumb's Mortgage Services Ltd as a Mortgage Advice Bureau for a term of 6 years from 14th December 2012 at a current rent of £15,000 per annum exclusive.
Note 1: The tenant did not exercise their 2015 break clause.
Note 2: The lease is outside the renewal provisions of the L and T Act 1954.