Thames Water Highworth Depot Unit 1, Blackworth Industrial Estate, Highworth Swindon Wiltshire SN6 7NA

Thames Water Highworth Depot
Unit 1, Blackworth Industrial Estate, Highworth
Swindon
Wiltshire
SN6 7NA

Freehold Office/Warehouse Investment

  • Let to Thames Water Utilities Limited
  • Purpose built building
  • Tenant in occupation since 1993
  • Established industrial estate
  • 8,664 sq ft on an approximate site area of 1.11 acres
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    55
  • Auction
    19th May 2016
  • Rent
    £60,000 per Annum Exclusive
  • Status
    Sold Post
  • Price
     
  • Sector
    Industrial/Warehouse
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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* More information on the term "guide" can be found here

Freehold Office/Warehouse Investment

  • Let to Thames Water Utilities Limited
  • Purpose built building
  • Tenant in occupation since 1993
  • Established industrial estate
  • 8,664 sq ft on an approximate site area of 1.11 acres
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 55
  • Auction 19th May 2016
  • Rent
  • Status Sold Post
  • Price  
  • Sector
    Industrial/Warehouse
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
8 miles north of Swindon, 26 miles south-west of Oxford, 34 miles south-east of Gloucester
Roads
A361, A419, M4 (Junction 15)
Air
Bristol Airport
Situation

The property lies on the northern side of the strategically located Blackworth Industrial Estate, which sits adjacent to the A361, approximately one mile north of Highworth town centre. Other occupiers on the estate include Simpsons Subaru, ThyssenKrupp and Office Furniture 4U.

Tenure

Freehold.

Location
Miles
8 miles north of Swindon, 26 miles south-west of Oxford, 34 miles south-east of Gloucester
Roads
A361, A419, M4 (Junction 15)
Air
Bristol Airport
Situation

The property lies on the northern side of the strategically located Blackworth Industrial Estate, which sits adjacent to the A361, approximately one mile north of Highworth town centre. Other occupiers on the estate include Simpsons Subaru, ThyssenKrupp and Office Furniture 4U.

Tenure

Freehold.

Description

The property comprises a detached office/warehouse building arranged on the ground and first floors. The property benefits from on-site parking and an approximate site area of 1.11 acres.

Six Week Completion

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a detached office/warehouse building arranged on the ground and first floors. The property benefits from on-site parking and an approximate site area of 1.11 acres.

Six Week Completion

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review
Ground
First
Offices/Storage
Offices
362.31 sq m
442.55 sq m
(3,900 sq ft)
(4,764 sq ft)
THAMES WATER
UTILITIES
LIMITED (1)
5 years from
24/02/2016 (2) on a full
repairing and insuring
lease (3)
£60,000 24/02/2019
Totals  
804.86 sq m
(8,664 sq ft) (4)
    £60,000

1) For the year ending 31st March 2015, Thames Water Utilities Limited reported a turnover of £2,026,800,000, pre-tax profits of £335,800,000 and a total net worth of £1,438,600,000. (Source: Experian Group 05/04/2016)
(2) The lease is subject to a rolling tenant option to determine at any time after 24th August 2018, subject to 6 months’ prior written notice.
(3) The lease is subject to a schedule of condition.
(4) The property has a total gross internal floor area of approximately 931.04 sq m (10,022 sq ft).

NB: The lease is contracted outside the Security of Tenure provisions of the 1954 Landlord & Tenant Act.

Property Documents

  • Catalogue Page
    Updated Date
    14.11.19
    File Size
    603 KB
    View PDF
  • Site Plan
    Updated Date
    14.11.19
    File Size
    53 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
Wright Hassall LLP Olympus Avenue
Leamington Spa
Warwickshire
CV34 6BF
Andrew Jones 01926 886688andrew.jones@wrighthassall.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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