Unit 3 Hillmead Industrial Estate, Marshall Road

Swindon, SN5 5FZ

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Under Offer
Property Type Industrial
Tenure For Sale
Size 16,649 sq ft
Price £950,000 plus VAT
Business Rates £52,962 per annum
Energy Performance Rating This property has been graded as D (88)

DETACHED WAREHOUSE UNIT WITH A GENEROUS PARKING PROVISION

Key Points

  • GROUND AND FIRST FLOOR OFFICE ACCOMMODATION
  • ROLLER SHUTTER DOOR 4M X 4M
  • MINIMUM EAVES 5M
  • RARE FREEHOLD OPPORTUNITY
  • GENEROUS PARKING PROVISION
  • SHARED SERVICE YARD

Location

The property is located within Hillmead Industrial Estate, an established industrial and distribution location, in west Swindon. Swindon is situated on the M4 corridor and the estate benefits from excellent road connections. The property holds a prominent location onto Mead Way. This road forms one of the principle arterial routes linking north Swindon to the town centre.

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Description

Unit 3 comprises a detached facility of steel portal frame construction with full height profile clad elevations under a metal clad roof. Access to the warehouse is via a shared service yard, the loading door measures 4.0m (w) x 4.0m (h).

At ground floor there is a pedestrian reception entrance, with adjacent WC facilities. There are additional WC’s at first floor. There is open plan office accommodation at both ground and first floor.

There is a 3-phase electrical power supply and capped mains gas supply.

Externally there is a shared service yard to the rear and allocated parking to the front and side.

The premises will require some refurbishment work to be undertaken prior to occupation.

Available area

The accommodation comprises the following areas:

Name sq ft sq m
Ground - Warehouse 11,233 1,043.58
Ground - Offices and WCs 2,708 251.58
1st - Offices and WCs 2,708 251.58
Total 16,649 1,546.74

Tenure

The Freehold is being offered with vacant possession.

Leverage

The Freehold sale contract will include a restriction on permitted use. An overage/clawback provision will be incorporated to provide the vendor with a share of any uplift in value should there be a change of use of the whole or any part of the property.

Legal and Estate Fees

The purchaser is to be responsible for their own in addition to the vendor's legal and estate costs. The vendor's legal and estate costs will be equal to 3% of the purchase price, which will be payable in addition to the purchase price on exchange of contracts.

Data Room

A Data Room has been prepared for the property, please contact the agents to request access.

Anti-Money Laundering Regulations

A prospective purchaser will be required to provide information to satisfy these Regulations.

Viewings

Viewing and further information is strictly by prior appointment through the agents.