Unit 1 Rivermead Industrial Estate

Swindon, SN5 7EX

20,426 sq ft

INDUSTRIAL INVESTMENT OPPORTUNITY FOR SALE

Summary

FREEHOLD SALE
EXCELLENT LOCATION WITHJIN 3 MILES OF JUNCTION 16 OF THE M4 MOTORWAY
100% OF THE INCOME IS LET TO A (VERY LOW RISK) COVENANT OF CADILLAC PLASTIC LTD
RENT PASSING £183,000 PER ANNUM SHOWING A RENT OF £8.95 PER SQ FT PER ANNUM EXCLUSIVE
ATTRACTIVE AWULT OF 4.75 YEARS TO THE EARLIEST TERMINATION

Location

Swindon is the principal town in Wiltshire. It is both an industrial and commercial centre strategically located on the M4 motorway corridor approximately 80 miles west of London, 50 miles east of Bristol and 25 miles from Oxford with both Bath and Cheltenham some 35 miles distant.

Swindon lies on the A419 immediately north of the M4 motorway, accessed at both junctions 15 and 16. The town has excellent railway links with a fastest journey time to London Paddington of about 50 minutes.

Rivermead Industrial Estate is located in west Swindon approximately 3 miles from junction 16 of the M4 Motorway and 2 miles from Swindon town centre. The estate is a popular, modern and established employment area which remains well occupied.

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Mainline Stations

Swindon (Wilts)

33 mins
Kemble

217 mins
Chippenham

280 mins
Pewsey

307 mins

Underground Station

Reading

724 mins
Twyford

808 mins
Maidenhead

917 mins
Taplow

951 mins

Further Information

Price Offers in excess of £2,650,000 subject to contract and exclusive of VAT

Rates Payable £69,342 per annum

EPC Rating This property has been graded as C (75)

Description

Unit 1 Rivermead was constructed in 1988 and comprises a high-quality, purpose built detached industrial building with an integral 2-storey office pod. The property has been extensively upgraded and modernised by the current tenant. This includes the overlaying and creation of a new roof cladding and upgrades to the office and manufacturing areas.

The property is of steel portal frame construction with profiled steel-clad elevations under an insulated metal clad roof incorporating translucent roof light panels.