1 bedroom property with land

TO BE SOLD BY ONLINE AUCTION AS LOT 55D ON WEDNESDAY 10 JUL 2024 - Freehold Shop and First Floor Flat Investment

Highly Reversionary Investment

Swindon Borough Council

Situated on Cricklade Road, close to the amenities available in Swindon Town Centre and travelling facilities including Swindon Train Station.

A Terrace Shop and Self-Contained First Floor Flat with accommodation arranged on Two Floors comprising:

First Floor Flat

• Living Room
• Kitchen
• Bedroom
• Bathroom/WC

Let on an Assured Shorthold Tenancy at £450 per calendar month.

EPC Rating: E

Council Tax Band: A

Ground Floor Shop
• Retail Premises
• WC

Yard at Rear

Let to an individual trading as The Kings Fade on a six year lease from 10th May 2018 at £850 per calendar month.

Producing: £15,600 per annum

Note 1: The auctioneers have not internally inspected the property to verify the accommodation details. Purchasers must rely on their own enquiries.

Note 2: The LHA Rate for the flat is £673.14 pcm (£8,077 per annum).

Commercial EPC Rating: D

Inspection: By arrangement with the Auctioneers