SOLD: Groves, Swindon
SOLD: Groves, Swindon
Groves
Lot 57 Auction: Wednesday 14th December 2022 – 9:00am
Of interest to Investors, Developers and owner occupiers
A freehold Town centre public house over ground and first floor. The property is currently vacant.
Key features
- An approx. total 659.3 sqm (7,096 sq ft)
- Low capital value on guide price
- Further development potential to self contain the upper parts and convert into residential use or convert the entire property ( subject to the requisite consents)
- Instant asset management potential in its current use or alternative uses (subject to the requisite consents)
- 6 week completion
- VAT Free Investment
Description: The property is a 2 storey mid terrace property forming part of a shopping parade and located next to the pedestrianised part of Fleet street. At first floor level the window are blacked out. There is access to the rear of the property via Henry Street which offers a small service yard/space for parking.
Tenure: Freehold
Accommodation:
Please note that the approximate areas have been supplied by the client and the property has not been inspected by Savills.
Ground Floor – Trading, Disabled WC and beer garden/patio to the rear of the property
First Floor – Ancillary trading space, Male and Female WC, Mangers office, kitchenette, staff area and Main Kitchen,
Ground Floor an approx. 391 sqm (4,215 sq ft)
First Floor an approx. 268 sqm (2,888 sq ft)
Total an approx. 659 sqm (7,103 sqft)
Tenancy: Offered with Vacant possession
Please note the site areas provided are approximate. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard.
Local information: The property is located on the northern side of Fleet street and opposite the junction with John Street. Henry Street provides access to the rear of the property.
Swindon Station is located an approx. 0.2 miles from the property.