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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.

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