Commercial property for sale in Cricklade Road, Swindon SN2
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Property features
- To be offered on Tuesday 16 April
- Of interest to investors
- Freehold two storey terraced building
- Ground floor shop with a self-contained flat above
- Flat accessed from the rear
- Investment producing £17,400 per annum
- By order of the lpa Receivers
Property description
Strapline
Auction Sale - 15/04/2024
Of interest to investors. A freehold two storey terraced building arranged as a ground floor shop with a self-contained flat above, accessed from the rear. Investment producing £17,400 per annum
Location
Situated to the west side of Cricklade Road, close to the junction with Beatrice Street.
Forming part of a well established retail parade serving a densely populated residential area.
Other nearby occupiers include - Iceland Supermarket, Betfred and Mbros Superstore together with many other independent traders and restaurants.
Transport
Swindon Station - National Rail
Tenancy
Retail unit - Let to an individual trading as The Kings Bite on a 6 year lease from 01 July 2022 at a rental of £850 per calendar month
First floor flat - The first floor flat is let on an assured shorthold tenancy at a rental of £600 per calendar month.
Accommodation
The property has not been inspected by the auctioneers, the following has been referenced from a previous valuation report.
Ground floor retail - Sales area, Rear Store, Wc. Approximate area 41.6 sq m (447 sq ft)
First floor flat - Reception room, Kitchen, Bedroom, Bathroom/wc. Approximate area 33.8 sq m (364 sq ft)
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions 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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