2 July 2025: Wednesday 02 July 2025 - 9:00am
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Floorplan
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    Key features

    • A freehold investment opportunity, arranged over basement, ground & 1st floor
    • Entirely let until 2028 to Done Brothers (Cash Betting) Ltd t/a Betfred
    • 2025 tenant break option NOT exercised
    • Attractive town centre position, in an affluent market town
    • Future development potential to add a dwelling to the upper floors (subject to the requisite consents and existing lease)
    • Occupiers nearby include Boots, Coral, Greggs, Iceland and Little Waitrose
    • VAT free investment
    • Investment let at £28,300 p.a. (13.8% GIY on guide price)

    Description

    A mid terrace property comprising of Basement, Ground and first floor. The property is let on an overriding lease across the entire building.

    There is future development potential to convert the upper floors into a dwelling (subject to the requisite consents).

    The property is located in an affluent and desirable town with nearby national retailers such as Boots, Coral, Greggs, Iceland and Little Waitrose as well as a wide range of boutique and well established independent retailers.

    Additional information

    Tenure

    Freehold

    Accommodation

    Please note that Savills have not inspected the property and the below detail have been provided by a third party or sourced from the VOA.

    VOA measurements

    Basement - 119 sq ft (11.1 sqm)

    Ground floor - 1,077 sq ft (100.1 sqm)

    First floor - 562 sq ft (52.2 sqm)


    Total = 1,759 sq ft (11.1 sqm)


    EPC certificate measurement

    Total = 1,905 sq ft (177 sqm)


    Tenancy

    67 Market Place

    • Let on a 10 year FR&I lease from December 2018 (Reversion 2028)
    • Let to Done Brothers (Cash Betting) Ltd t/a Betfred
    • Tenant break option December 2025 - NOT exercised
    • Rent review in Year 5
    • Investment let at £28,300 p.a.

    Rent

    £28,300 p.a.

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. Prospective purchasers must reply upon their own enquiries prior to bidding. Please refer to the legal pack.

    The Property, formerly a bank, is arranged on the ground floor, one upper floor, a basement floor and, as to the part tinted blue on the title plan, only the vaults under the pavement are included. 

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Chippenham is an affluent market town located some 13 miles north-east of Bath and 20 miles south-west of Swindon

      The property forms part of an attractive Island site at the junction of Market Place with the High Street Occupiers close by include, Boots, Coral, Greggs, Iceland, Millets, Nationwide and Little Waitrose. The Emery Gate Centre is also close by.

      Transport

      The town is served by the A350 which provides direct access to the M4 (Junction 17) some 3.5 miles to the north Chippenham Rail Station benefits from regular rail services to London Paddington (1 hour 11 minutes)

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums