Lot 96

VACANT COMMERCIAL PROPERTY WITH POTENTIAL

49-51 Regent Street, Swindon, Wiltshire, SN1 1JS
49-51 Regent Street, Swindon, Wiltshire, SN1 1JS
Sold £350,000

This vacant commercial property is situated in the busy pedestrian area on the western side of Regent Street with other well-known retailers nearby.

The asset is a two-storey building with the ground floor having a double frontage into open reception, offices with storage. The first floor is accessed from the front of the building via a separate doorway, has open space with ancillary rooms requiring complete refurbishment or perhaps offering potential for conversion into residential apartments, subject to all necessary consents being obtainable. To the rear of the property is parking for several cars.

Ground Floor

Double frontage doorway, open reception area, two offices, former W.C room, inner hall way, two storage rooms, kitchenette and two W.C.

First Floor

Stairs to an open room with three ancillary rooms.

Outside

Gated area of hardstanding to rear.

Local Planning Authority

Swindon Borough Council. Tel: 01793 445500. Website: swindon.gov.uk.

Auctioneer's Note

For information relating to the commercial elementÂ’s rateable value and other available data go to:
www.gov.uk/correct-your-business-rates and enter the postcode for the property into the appropriate search field.

Tenure

Majority freehold property with the rear courtyard being subject to a 999-year lease from 28th February 1899.

Important

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/