Unit 2 comprises a detached open plan warehouse with an additional covered loading area/further storage at the front. There is office accommodation with separate wcs, kitchenette and rest areas. The main unit provides an internal eaves height of 10m (approx. 33 ft) and is accessed via 2 level loading doors and 3 dock level doors with a large covered loading area to the front. At present the unit is laid out as a document storage facility with three levels of mezzanine floors/racking. Externally the unit has allocated car parking spaces and HGV parking to the front.
Location
Clearwater Business Park forms part of Blagrove Industrial Estate and is situated approximately ½ mile from Junction 16 of the M4. The Park is home to a large number of occupiers including CHEP, Grant, Catalent, Water Research Council and Anchor Storage. There are a number of car showrooms including Ferrari, Maserati, Porsche, VW and MAN Trucks. Junction 16 of the M4 is approximately ½ mile to the west. Swindon Town Centre is approximately 4 miles to the east via the Great Western Way dual carriageway.
The mainline railway station which is situated in the heart of the town centre and provides regular direct trains to London Paddington to the east and Bristol to the west. A Holiday Inn Express hotel is approximately ¼ mile away and there is a Premier Inn and Double Tree hotels with retail facilities including a Londis supermarket, Subway and a Costa drive-thru ½ mile distant at Lydiard Fields.
Accommodation
57,801 sq ft (5,369.71 sq m)
Terms
Planning We understand the property may be suitable for E (Commercial, Business and Service), B2 (General Industrial) and B8 Storage and Warehousing) uses. Interested parties are recommended to make their own specific enquiries with the Local Planning Authority, Swindon Borough Council Tel: 01793 445500 or www.swindon.gov.uk
Business Rates The Valuation Office Agency website describes the property as “Warehouse and Premises” with a Rateable Value of £262,500. Interested parties should make their own enquiries to Swindon Borough Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment www.voa.gov.uk
Energy Performance Certificate The EPC Rating is B(42) and the full certificate can be provided on request.
Code for Leasing For the latest RICS advice on commercial property leasing, please consult the RICS Real Estate Code for Leasing 2020 Lease/Terms The unit is available by way of a new full repairing and insuring lease from December 2025, or earlier by arrangement, direct from the landlord for a term of years to be agreed at a rent of £350,000 per annum exclusive equating to £6.05 per sq ft exclusive.
Legal Costs The ingoing tenant is to make a contribution of £750 plus VAT towards the landlord’s legal costs.
References/Rental Deposits Financial and accountancy references may be sought from any prospective tenant prior to agreement.
Prospective tenants will be required to provide a rental deposit equivalent to 3 months rent subject to the landlord’s discretion.
VAT Under the Finance Acts 1989 and 1997, VAT will be levied on the rent. We recommend that the prospective tenants establish the VAT implications before entering into any agreement.
Anti-Money Laundering Regulations A successful tenant will be required to provide relevant information to satisfy the AML requirements when Heads of Terms are agreed.
Specification
- 5 loading doors
- Eaves height 10m
- LED lighting Area Sq ft
- Main Warehouse
- Front Warehouse Area
- Office and Ancillary Areas
- WC facilities