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Property  >>  Retail  >> 11 Market Street

 
 
11 Market Street, Swindon
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For Sale / To Let

Retail (A1 Unit) with Parking

Description and Location:

Market Street is one of the principal retail streets in Swindon. It is just a short walk of the prime retail area of Swindon, and is adjacent to the Brunel Shopping Plaza which includes a Sainsbury’s Supermarket. It also faces onto the redeveloped Wharf Green with its ‘Big Screen’ television.

11 Market Street is a mid terraced retail unit of traditional construction which provides accommodation over two floors. There is a fully glazed shop front to Market Street. The ground floor is currently partitioned into several rooms, although it could potentially be opened out. The first floor could be utilised either as an additional sales area or offices. There are two car spaces to the rear of the property.

Viewing:

Strictly by appointment with Rupert Williams of joint agents, Hinton Newport: 121 Commercial Rd, Swindon, Wilts SN1 5PL.
(T) 01793 534121 / 431355 (F) 01793 487096


 
 
Additional Information

Accommodation:

The property, which has been measured on a Net Internal Area basis in accordance with the RICS Code of Measuring Practice, provides the following accommodation:

Ground Floor

Internal Frontage 4.32 m² (14.2 ft²) approx
Shop Depth 5.91 m² (19.4 ft²) approx
Reception/Retail Area 21.18 m² (228 ft²) approx
Useable Corridor Area 10.59 m² (114 ft²) approx
2 Consulting Room 19.88 m² (214 ft²) approx

First Floor

2 Rooms plus Kitchen 31.88 m² (343 ft²) approx

Use

We understand that the property has permission for use within Class A1 of The Town & Country Planning Act Use Classes Order (as amended). We would recommend that all interested parties make their own enquiries regarding other uses with the Planning Department at Swindon Borough Council.

Term

The Freehold interest with vacant possession is available at a quoting price of £170,000 excluding VAT (if applicable) and all other purchase costs. Alternatively, a new full repairing and insuring Lease is available at a rent of £12,500 excluding VAT (if applicable) and all other outgoings.

Business rates

The Valuation Office Agency website Valuation Office Agency Website, indicates that the property is assessed for business rates as follows:- “Shop and Premises” £13,700.

Interested parties should contact Swindon Borough Council (01793 463000) for confirmation of the amount payable for the current financial year.

Legal Costs

Each party shall be responsible for their own legal and professional costs incurred in the transaction.

Important

The Code of Practice for Commercial Leases in England and Wales recommends that you seek advice from a Solicitor or Chartered Surveyor before you agree to sign a Lease. Further information is available at www.commercialleasecodeew.co.uk

Subject to contract, availability & satisfactory references.

 
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