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Smethurst Property Consultants - Swindon Commercial Property Consultants

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Unit 1, Ground Floor, The Lock, 19 Fleming Way, Swindon, SN1 2NG

Tenure: Leasehold

Property Type: Office

Size Options: 0-2000 sq ft

The Lock is in an established central business location and it is anticipated that the area will benefit from significant investment through Swindon Borough Councils proposed regeneration plans for the town center. This is expected to include the relocation of Swindon’s bus station adjacent to the building which is likely to have a significant impact on footfall.

The property is held on a 3-year lease, excluded from the Landlord and Tenant Act 1954 from 1st June 2020 at a rent of £9,500 pa. The lease expires on 30th May 2023

 The property is available to purchase on a new long leasehold interest for a term of 250 years. Offers are sought in the region of £100,000 plus VAT although it is envisaged that the transaction will be dealt with as a TOGC.

 

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For further information about this commercial property or to arrange a viewing
please call us on 01793 847 470 or alternatively click to complete our contact form