Retail premises for sale in Havelock Square, Swindon SN1
£575,000 (£109.9/sq. ft)
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The property is located in the pedestrianised Havelock Square adjacent to the Brunel Shopping Centre, which is the centre of Swindon's retail area. The 400 space Granville Street car park is within nearby walking distance with further multi-storey car parks close by. Adjoining occupiers include Sainsbury's, Boots, Marks & Spencer and Argos.
The property comprises a large, 3 storey standalone retail unit overlooking the recently revamped pedestrianised Havelock Square. The ground floor provides an open plan sales area with prominent double fronted display windows to Havelock Square and return frontage to Havelock Street with stairs leading up to first floor showroom/sales area, with windows overlooking Havelock Square. On the second floor there is additional storage, offices, staff room & toilets. There is a loading bay to the rear of the property and goods lift. Planning permission was granted for change of use of the ground & first floors from Class A1 (retail) to Class A3 (restaurant) and for conversion of the second floor to residential with an addition of a new third floor, also for residential. This consent is unimplemented.
The premises have been measured in accordance with the RICS Code of Measuring Practice, the approximate net internal floor areas are as follows:-
Gross Frontage 15.6 m 51’ 4”
Return Frontage 1.5 m 5’ 3”
Ground Floor: Sales Area 1,864 sq ft
Ancillary Stores 94 sq ft
First Floor: Showroom/Ancillary Offices/Stores 1,580 sq ft
Second Floor: Ancillary Offices/Stores 1,694 sq ft
Total: 5,232 sq (485.70 sq m)
We have made informal enquiries via the Valuation Office website which indicate that the property is assessed as follows:-
Description: Shop & Premises
Rateable Value (2017): £64,500
Uniform Business Rate (2018/19): £0.493
Full Rates Liability (2018/19): £31,798.50
The freehold of the property is available to purchase with vacant possession available on completion.
Offers in excess of £575,000, plus VAT, are invited.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Kilpatrick & Co, and do not constitute property particulars. Please contact Kilpatrick & Co for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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