37 Commercial Road

Swindon, SN1 5NS

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Property Type Office / Retail
Tenure For Sale
Size 1,293 sq ft
Price £220,000
Business Rates £4,890.20 per annum
Energy Performance Rating This property has been graded as D (94)

RARE INVESTMENT OPPORTUNITY

Key Points

  • CURRENT RENTAL INCOME OF £21,600 PER ANNUM
  • GOOD QUALITY ACCOMMODATION
  • CLOSE TO TOWN CENTRE
  • PROMINENT COMMERCIAL ROAD LOCATION WITH DIRECT STREET LEVEL ACCESS

Description

The two storey office space has prominent direct street level access and provides good quality accommodation incorporating a kitchen on each floor and two separate office areas. The space was refurbished to a high standard in late 2023.

Location

37 Commercial Road is prominently located close to the Regent Circus end of Commercial Road and the main town centre retail areas.

It is an established location for financial and professional services occupiers such as insurance brokers, estate agents and recruitment agencies.

Viewings

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

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Anti-Money Laundering Regulations

A prospective purchaser will be required to provide information to satisfy these Regulations once terms have been agreed.

Tenure

The property is owned on a freehold basis.

The premises are let as a whole to People Solutions Limited on a 5-year lease at a rent of £21,600 per annum, with a mutual break clause in which the Landlord or the Tenant may terminate the Lease 2.5 years from the start date.