51 / 53 Bridge Street
Swindon
Wiltshire
SN1 1BL

Freehold Leisure Investment

  • Located on Swindon's Main Pedestrianised Leisure and Retail Pitch
  • Let to Moody Delivery Services Ltd (t/a Boston Brothers Bar) until December 2027 (no breaks)
  • Close to the Brunel Shopping Centre
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    40
  • Auction
    25/May/2017
  • Rent
    £127,500 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price*
     
  • Sector
    Leisure
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of Joint Fixed Charge Receivers CBRE
Important Property Update
  • 51 / 53 Bridge Street<br>Swindon<br>Wiltshire<br>SN1 1BL
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Property Information

Location
Miles
15 miles south of Cirencester, 39 miles east of Bristol
Roads
A3102, M4
Rail
Swindon Rail (1 hour to Central London)
Air
Bristol Airport
Situation

The property occupies a prominent position on the pedestrianised Bridge Street, Swindon's main retailing and leisure pitch. The property is located within a short distance of both Swindon Railway Station and The Brunel Centre, which comprises over 100 occupiers anchored by Sainsbury’s, House of Fraser and Marks & Spencer. Other nearby occupiers include Wilko, Topshop, Caffè Nero and Halifax Bank.

Tenure

Freehold.

Description

The property comprises a ground floor bar/restaurant and part first floor bar, with ancillary accommodation. The remainder of the first floor provides self-contained first floor staff accommodation accessed from the rear. The property also benefits from an external area to the rear providing customer seating.

VAT

VAT is applicable to this lot.

Note

This property is being marketed for sale on behalf of Joint Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Completion Period

Six Week Completion

Buyer's Legal Report

For the ease and convenience of prospective buyers,to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is advisable. For more information, please click here.

Tenancy & Accomodation

FloorUseFloor Areas
(approx)

TenantTermRent p.a.xReviews
Ground
First
First

Bar/Restaurant
Bar/Ancillary
Residential
504.78 sq m
422.92 sq m
-
(5,433 sq ft)
(4,552 sq ft)
(-)
MOODY DELIVERY
SERVICES
LIMITED t/a Boston
Brothers Bar (1)

30 years from
05/12/1997
until
04/12/2027
£127,500
05/12/2017
and
05/12/2022
Total Approximate
Commercial Area

 
927.70 sq m
(9,985 sq ft)
  £127,500
 

(1) Boston Brothers is an individually styled bar offering food and drinks with late night weekend openings. Boston Brothers also trades from a venue in Hanley, Staffordshire (Source: www.bostonbrothersbars.com 20/04/2017) .

Property Documents

  • Catalogue Page
    Updated Date
    03.05.17
    File Size
    2 MB
    View PDF
  • Site Plan
    Updated Date
    03.05.17
    File Size
    3 MB
    View PDF
  • Common Auction conditions
    Updated Date
    27.03.17
    File Size
    124 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Gwen ThomasGwen Thomas +44 (0)20 7034 4857 +44 (0)7809 363549gwen.thomas@acuitus.co.uk
Georgina RobertsGeorgina Roberts +44 (0)20 7034 4863georgina.roberts@acuitus.co.uk
Seller's Solicitors
TLT Solicitors One Redcliff Street
Bristol
BS1 6TP
Ben Jackson 0333 006 0480Ben.Jackson@TLTsolicitors.com

Useful Links

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