Swindon, SN1 5NF
Property Type | Office |
Tenure | For Sale |
Size | 1,131 sq ft |
Price | £150,000 |
Business Rates | £5,988 per annum Small Business Rates Relief may apply |
Energy Performance Rating | This property has been graded as D (85) |
11/12 Commercial Road is prominently located, close to the Regent Circus end of Commercial Road and the town centre retail areas.
It is an established location for financial and professional services occupiers such as insurance brokers, estate agents and recruitment agencies.
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The first floor office space has direct street level access and provides good quality accommodation incorporating a kitchen and two separate office areas. There are 2 tandem car parking spaces to the rear of the property.
The property is held by way of a 999 Long Leasehold with effect from 26th January 2007, at a ground rent payable of £25.00 per annum.
The premises are let as a whole to Key2 Futures Limited on 5-year lease with effect from 25th October 2022, at a rent of £14,400 per annum, with annual RPI rent reviews.
There is a mutual break clause in which the Landlord or the Tenant may terminate the Lease on the 25th October 2025.
A prospective purchaser will be required to provide information to satisfy these Regulations once terms have been agreed.
Viewing and further information is strictly by prior appointment through the agent.