6 February 2024: Tuesday 06 February 2024 - 9:00am
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Floorplan
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    Key features

    • Asset management potential to let out the vacant unit in its current use
    • We have been advised that it previously let at £12,600 p.a.
    • The property is part of a wider development comprising of 5 flats
    • An approx. 322 sq ft (30 sqm)
    • Swindon town is undergoing a wider regeneration
    • Town centre location an approx. 0.2 miles from Swindon Station

    Description

    The property comprises of single storey lock up shop which offers instant asset management potential to let the unit out. The shop will be part of a wider development for 5 flats. We have been advised that the unfished exterior/ render will be finished by the current vendor.

    Additional information

    Tenure

    Leasehold 999 years on peppercorn rent

    Accommodation

    Please note that the sizes have been provided by the vendor and Savills have not verified these measurements


    Shop floor space an approx. 322 sq ft (30 sqm )


    Tenancy

    Vacant

    Rent

    Vacant

    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. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.


    VAT is applicable to this lot.

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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

      The property is located on the south side of Fleet Street on the junction between Fleet Street and John Street.

      Swindon Station is located an approx. 0.2 miles from the property

      Transport

      Swindon Station - National rail services

      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