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38-40 Regent St 2 Retail Properties in Swindon
Investment Highlights
- Prominent position fronting Regent Street
- Short distance from Swindon Train Station.
- External trade terrace to the front of the property.
- Busy high street location.
Executive Summary
Offers are invited
Tenancy
The upper floors of the property are let to Citifaith Church on a lease expiring 5 June 2033 at a current passing rent of £32,000 per annum which is subject to a review in the 5th year which is to be set to the higher of the assessed open market rent or the index-linked rent (to be determined). The lease also includes a mutual break option exercisable on 5 June 2028.
Additionally, the ground and first floors of 38 Regent Street form part of the demise and are let to Evapor Limited on a lease expiring 13 February 2028 current passing rent of £17,000 per annum which is subject to which is subject to 5 yearly open market rent reviews.
https://search.savills.com/ag/en/property-detail/gb0456s375281
Tenancy
The upper floors of the property are let to Citifaith Church on a lease expiring 5 June 2033 at a current passing rent of £32,000 per annum which is subject to a review in the 5th year which is to be set to the higher of the assessed open market rent or the index-linked rent (to be determined). The lease also includes a mutual break option exercisable on 5 June 2028.
Additionally, the ground and first floors of 38 Regent Street form part of the demise and are let to Evapor Limited on a lease expiring 13 February 2028 current passing rent of £17,000 per annum which is subject to which is subject to 5 yearly open market rent reviews.
https://search.savills.com/ag/en/property-detail/gb0456s375281
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 24,349 SF |
| Number of Properties | 2 |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 24,349 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 40 Regent St, Swindon SN1 1JL | Retail | 23,552 SF | 1933 | - |
| 38 Regent St, Swindon SN1 1JL | Retail | 797 SF | 1979 | - |
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38-40 Regent St
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