47 Bridge Street Swindon SN1 1BL

47 Bridge Street
Swindon
SN1 1BL

Freehold Retail Investment

  • Let to Nero Holdings Limited until 2022
  • Pedestrianised town centre location
  • Less than 100m from the major 100 unit Brunel Shopping Centre
  • Neighbouring occupiers include Topshop, Halifax Bank, Vodafone and River Island
  • Lot
    59
  • Auction
    18th October 2018
  • Rent
    £66,500 per Annum Exclusive
  • Status
    Sold
  • Price
    £626,000
  • Sector
    High Street Retail
  • 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 Retail Investment

  • Let to Nero Holdings Limited until 2022
  • Pedestrianised town centre location
  • Less than 100m from the major 100 unit Brunel Shopping Centre
  • Neighbouring occupiers include Topshop, Halifax Bank, Vodafone and River Island
  • Lot 59
  • Auction 18th October 2018
  • Rent
  • Status Sold
  • Price £626,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

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

The property occupies a prominent position on the west side of the pedestrianised Bridge Street, at its junction with Queens Street. The major 100 unit Brunel Shopping Centre, with occupiers including Beaverbrooks, Vision Express, McDonald’s, Sainsbury’s and Marks & Spencer, is located close by. Other nearby occupiers include Topshop, Halifax Bank, Vodafone and River Island.

Tenure

Freehold.

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

The property occupies a prominent position on the west side of the pedestrianised Bridge Street, at its junction with Queens Street. The major 100 unit Brunel Shopping Centre, with occupiers including Beaverbrooks, Vision Express, McDonald’s, Sainsbury’s and Marks & Spencer, is located close by. Other nearby occupiers include Topshop, Halifax Bank, Vodafone and River Island.

Tenure

Freehold.

Description

The property comprises ground floor retail accommodation and first floor ancillary accommodation and benefits from a return frontage onto Queen Street.

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 ground floor retail accommodation and first floor ancillary accommodation and benefits from a return frontage onto Queen Street.

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 Reversion
Ground
First
Retail
Ancillary
175.30 sq m
164.90 sq m
(1,887 sq ft)
(1,757 sq ft)
NERO
HOLDINGS
LIMITED (1)
15 years from
03/04/2007 on a full
repairing and insuring
lease
£66,500 02/04/2022
Total
340.20 sq m
(3,644 sq ft)     £66,500  

(1) For the year ending 31st May 2017, Nero Holdings Limited reported a turnover of £264,897,000, pre-tax profits of £25,896,000 and a total net worth of £217,488,000 (Source: Experian Group 17/9/2018).

Property Documents

  • Catalogue Page
    Updated Date
    28.10.19
    File Size
    1 MB
    View PDF
  • Site Plan
    Updated Date
    28.10.19
    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

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Sintons LLP The Cube, Barrack Road
Newcastle upon Tyne
NE4 6DB
David Naughten 0191 226 3647David.Naughten@sintons.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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