51 / 53 Bridge Street Swindon Wiltshire SN1 1BL

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
    54
  • Auction
    13th July 2017
  • Rent
    £127,500 per Annum Exclusive
  • Status
    Sold Prior
  • 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 Update
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* More information on the term "guide" can be found here

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 54
  • Auction 13th July 2017
  • Rent
  • Status Sold Prior
  • Price  
  • Sector
    Leisure
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of Joint Fixed Charge Receivers CBRE

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.

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

EPC

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

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

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 Reviews
Ground
First
Bar/Restaurant
Bar/Ancillary &
Residential (2)
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 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) .
(2) The auctioneers were unable to gain access to the residential unit.

Property Documents

  • Catalogue Page
    Updated Date
    21.06.17
    File Size
    2 MB
    View PDF
  • Site Plan
    Updated Date
    21.06.17
    File Size
    3 MB
    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

Seller's Solicitors
TLT Solicitors One Redcliff Street
Bristol
BS1 6TP
Ben Jackson 0333 006 0480Ben.Jackson@TLTsolicitors.com

Useful Links

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

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