RARE INVESTMENT OPPORTUNITY
Summary
- CURRENT RENTAL INCOME OF £21,600 PER ANNUM
- GOOD QUALITY ACCOMMODATION
- CLOSE TO TOWN CENTRE
- PROMINENT COMMERCIAL ROAD LOCATION WITH DIRECT STREET LEVEL ACCESS
Location
37 Commercial Road is prominently located close to the Regent Circus end of Commercial Road and the main town centre retail areas.
It is an established location for financial and professional services occupiers such as insurance brokers, estate agents and recruitment agencies.
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Mainline Stations
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Swindon (Wilts)9 mins
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Kemble253 mins
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Bedwyn284 mins
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Pewsey289 mins
Underground Station
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Reading688 mins
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Twyford773 mins
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Maidenhead883 mins
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Taplow917 mins
Further Information
Price £220,000
Rates Payable £4,890.20 per annum
Service Charge n/a
EPC Rating This property has been graded as D (94)
Description
The two storey office space has prominent direct street level access and provides good quality accommodation incorporating a kitchen on each floor and two separate office areas. The space was refurbished to a high standard in late 2023.
Viewings
Viewing and further information is strictly by prior appointment through the agent.
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Anti-Money Laundering Regulations
A prospective purchaser will be required to provide information to satisfy these Regulations once terms have been agreed.
Tenure
The property is owned on a freehold basis.
The premises are let as a whole to People Solutions Limited on a 5-year lease at a rent of £21,600 per annum, with a mutual break clause in which the Landlord or the Tenant may terminate the Lease 2.5 years from the start date.
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