SEMI DETACHED WAREHOUSE WITH TWO STOREY OFFICE BLOCK AND TWO GENEROUS YARDS/PARKING AREAS

 

Summary

  • FREEHOLD FOR SALE - MAJORITY (94%) VACANT POSSESSION POSSIBLE IN JANUARY 2025
  • SITE AREA 0.82 ACRES
  • DUAL ROAD FRONTAGES AND YARDS
  • TWO ROLLER SHUTTER LOADING DOORS

Accommodation

The accommodation comprises the following areas:

Namesq ftsq m
Ground - Unit C5 Warehouse inc Offices & WCs 20,662 1,919.56
Ground - 14B Athena Avenue Office/Studio 1,009 93.74
1st - 14B Athena Avenue Office/Studio 1,009 93.74
1st - Unit C5 Mezzanine 9,010 837.06
Total31,6902,944.10
Unit C5 Kembrey Street, Elgin Industrial Estate - 1.jpg

Location

Elgin Industrial Estate is situated approximately 1.4 miles north of Swindon town centre, within Kembrey Park, one of the primary commercial areas. Occupiers in the immediate vicinity include Lok'n'Store, Screwfix, Travis Perkins and Toolstation.

The property has excellent road transport communications being situated only 1.5 miles to the west of the A419 and A420. Junction 16 of the M4 motorway is approximately 4.2 miles to the south-west and Junction 15 of the M4 is approximately 4 miles to the south-east.

Get directions from Google Maps

Further Information

Price Offers in excess of £1,500,000

Rates Payable £56,320 per annum

Service Charge n/a

EPC Rating This property has been graded as C (74)


Description

The property comprises a semi detached steel portal framed warehouse with two storey office block and two generous yards/parking areas accessed off the dual road frontages from Kembrey Street and Elgin Avenue.

Unit C5 has a total gross internal area of 29,672 sq ft (2,756.67 sq m) and an eaves height of 5.78m, rising to an apex height of 6.86m. Access is via two loading doors to the Kembrey Street/northern elevation. There is a substantial mezzanine area within the main warehouse and a small modern single storey extension which is accessed via an internal pedestrian access and two additional loading doors in the eastern elevation.

Externally, there is a large yard accessed from Kembrey Street.

14B Athena Avenue is a two storey office block with a good size yard, located to the southern end of the site. This is currently let on a five year lease from July 2020 at £12,000 per annum and is currently in use as a dance studio. The lease excludes security of tenure.

The main warehouse and mezzanine are let short term on a 1-year lease commencing on the 18th January 2024, with tenant only breaks on 3-months' notice after 18th July 2024. Rent is on a stepped rent basis. Please contact the Agents for further information. The lease excludes Security of Tenure. Vacant possession is possible in January 2025.

Anti-Money Laundering Regulations

A prospective purchaser will be required to provide information to satisfy these Regulations once terms have been agreed.

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