Unit 1 Rivermead Industrial Estate Swindon Wiltshire SN5 7EX

Unit 1 Rivermead Industrial Estate
Swindon
Wiltshire
SN5 7EX

Well Located Freehold Industrial Investment

Let to Cadillac Plastic Ltd until September 2034 (subject to tenant option to break)
Substantial Industrial building of 1,873.88 sq m (20,159 sq ft)
Property has been let to Cadillac Plastic for 36 years
Approx. site area of 0.48 Ha (1.19 Acres) with a low site coverage of 33%
Established industrial estate location

Lot
12
Auction
27th March 2025
Rent
£183,000 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
Live Streamed Auction

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Well Located Freehold Industrial Investment

Let to Cadillac Plastic Ltd until September 2034 (subject to tenant option to break)
Substantial Industrial building of 1,873.88 sq m (20,159 sq ft)
Property has been let to Cadillac Plastic for 36 years
Approx. site area of 0.48 Ha (1.19 Acres) with a low site coverage of 33%
Established industrial estate location

Lot 12
Auction 27th March 2025
Rent £183,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector
Industrial, Warehouse
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 33 miles east of Bristol, 37 miles west of Reading
Roads: M4 (J16), A419
Rail: Swindon Railway Station
Air: Bristol Airport

Situation

Swindon is the principal town in Wiltshire, strategically position on the M4 motorway corridor between Reading and Bristol. The property is located within the busy and well established Rivermead Industrial Estate, situated just off Mead Way (B4534) some 2 miles from J16 of the M4 and 2 miles from Swindon town centre.

Tenure

Freehold.

Location

Miles: 33 miles east of Bristol, 37 miles west of Reading
Roads: M4 (J16), A419
Rail: Swindon Railway Station
Air: Bristol Airport

Situation

Tenure

Freehold.

Description

The property comprises a substantial warehouse with ancillary office accommodation arranged over ground and first floors, hard standing yard areas and parking for approximately 30 cars. The property has a total floor area of 1,873.88 sq m (20,159 sq ft) upon a site area 0.48 Ha (1.19 Acres) benefitting from a low site coverage of 35%.

VAT

VAT is applicable to this lot.

EPC

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

Description

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 sq m (1)	Floor Areas Approx sq ft (1)	Tenant	Term	Rent p.a.x.	Rent Review
Ground First	Warehouse/Office Office	1,621.40 252.48	(17,452) (2,717)	CADILLAC PLASTIC LIMITED (2)	10 years from 29/09/2024 until 28/09/2034 (3)	£183,000	29/09/2029
Total		1,873.88	(20,169)			£183,000

(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
(2) Cadillac Plastic Limited are the leading supplier of high-performance plastic films and adhesives across a range of industrial sectors and for the year ending 31/12/2023 reported a Net Worth of £4,616,525 (NorthRow 04/03/2025)(www.cadillacplastic.co.uk).
(3) The lease provides for a Tenant option to determine on 28/09/2029.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.