A Swindon town centre shop has sold for nearly £400,000.
The Cash Converters unit on 34-35 Commercial Road was listed for sale by Strakers with a guide price of £275,000.
But the shop, which was listed as an investment with an income of £48,640 per annum, has sold for £387,000.
This includes the ground floor retail shop, the first floor which is made up of self-contained offices and the second floor consisting of a self-contained flat.
The listing reads: “Swindon is a large and expanding town with a wide range of shopping, entertainment and leisure facilities. There is a mainline railway station and access to the M4 motorway.
Swindon Advertiser📱
Subscribe to get rid of adverts, enjoy access to our digital archives, read exclusive stories and much more!
Your community's stories await - https://t.co/ayrpkI4RBy
Photo: Jacquie Webb pic.twitter.com/nIwWUsh6cD
— Swindon Advertiser (@swindonadver) October 23, 2024
“The double fronted ground floor retail shop has an internal floor area of about 165m² and is let until June 2027 at £24,000 per annum.
“The first floor comprises self-contained offices with an internal floor area of about 165m². It is let to solicitors who are holding over at £16,000 per annum.
“On the second floor is a self-contained flat comprising lounge, kitchen, two bedrooms and bathroom. Let on an assured shorthold tenancy (AST) at £720 per calendar month.”
Help support trusted local news
Sign up for a digital subscription now: https://www.swindonadvertiser.co.uk/subscribe/
As a digital subscriber, you will get:
- Unlimited access to the Swindon Advertiser website
- Advert-light access
- Reader rewards
- Full access to our app
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereLast Updated:
Report this comment Cancel