Under Offer
Asda, West Swindon District Centre Swindon, SN5 7DL
166,582 sq ft Investment
Freehold Property to buy in Swindon
DOMINANT, FREEHOLD FOODSTORE AND DISTRICT CENTRE INVESTMENT LET TO ASDA STORES LTD WITH c. 56 YEARS’ UNEXPIRED
Key points
- We are instructed to seek offers in the region of £25,100,000 (Twenty Five Million, One Hundred Thousand Pounds).
- Subject to contract and exclusive of VAT for our client’s freehold interest.
- A purchase at this level, assuming standard purchase costs at 6.76%, would reflect a Net Initial Yield of 5.75%.
- A purchase at this level would also reflect a low capital value per acre of £1.11M.
Contact details
Mark Girling
mark.girling@montagu-evans.co.uk
D: 0207 312 7460 / M: 07770 851 123
Tristan Paterson
tristan.paterson@montagu-evans.co.uk
D: 07979 179 431 / M: 07979 179 431