For Sale 100 Victoria Road Old Town Swindon SN1 3BE 42,752 sq ft (3,971.8 sq m) Former Printworks and Office Property situated in the heart of Old Town. Suitable for conversion (subject to planning permission and statutory consents). Bristol 0117 317 1000 Cardiff 029 2022 0000 Exeter 01392 353080 Gloucester 01452 623290 Swindon 01793 615477 Taunton 01823 444879 Truro 01872 222174
LOCATION The property is situated in the heart of Swindon s Old Town. As well as being a fashionable area for independent shops, cafes and bars, Old Town is also a thriving commercial area with amenities such as banks, a supermarket and a post office. Old Town is close to Swindon Town Centre with the new Regent Circus development of a Cineworld, a Morrison s supermarket and seven upmarket restaurants due to open later in 2014, and is easily accessible to J15 and J16 of the M4. DESCRIPTION The main building is a Grade II Listed Building which has been substantially extended and adapted to the rear to provide a combined newspaper print works and office headquarters. The extended structure is arranged on basement, ground, first and second floor levels. The ground floor front office provides a public reception. The larger rear extension is linked internally to the original building on ground, first and second floors. The majority of the ground floor rear extension comprises printworks accommodation with ancillary office and stores. The first and second floors of the rear extension provide further offices and stores. The Former Reel Store is situated a few metres to the north of the main building and is constructed of solid brick walls under steel A frame roof trusses and has an eaves height of approximately 3.9m. The Generator House comprises a triangular site bounded by Albert Street to the west, Little London to the east and the adjacent property, the Roaring Donkey public house to the north. The Generator House building comprises the majority of the site and forms a triangular single floor plate. The building is constructed of brick elevations under a flat roof. ACCOMMODATION All measurements are approximate and have been calculated on a net internal basis in accordance with the RICS Code of Measuring Practice (6 th Edition). Main Site sq m sq ft Ground Floor Reception/Offices 146.5 1,577 Works/Stores/Ancillary Offices 1,250.6 13,461 First Floor Office/Stores 949.2 10,217 Second Floor Offices 914.5 9,844 Total 3,260.8 35,099 Former Reel Store Ground Floor Stores 563.8 6,069 First Floor Workshop/Stores 88.0 947 Total 651.8 7,016 Generator House Ground Floor Generator Housing 59.2 637 Site Areas Ha. Acres Main Site Offices and former 0.146 0.361 Printworks Former Reel Store Storage 0.070 0.169 Generator House Ancillary Plant 0.013 0.033 SERVICES It is understood that all mains services are available to the main building. We confirm that we have not tested any of the service installations and any purchaser must satisfy themselves independently as to the state and condition of such items. PLANNING Discussions have been held with Swindon Borough Council s Planning Team to explore the principal of redevelopment which is supported on all three sites by the Council s planning policy framework and at national level, the NPPF. In any forthcoming development brief, consideration will need to be given as to whether the design of the building is appropriate to the character of the local Conservation Area, and whether there will be any amenity impact in terms of overshadowing and loss of privacy as well as whether in highway terms the access and parking arrangements are acceptable. A Planning Report including input from Alder King Planning Consultants, Curtins Highway Engineers and Grover Lewis Associates Town Planning and Built Heritage is available for inspection via the Agents. PROPOSAL The property is available to purchase on a freehold basis with vacant possession and subject to contract only. Offers are invited for the freehold interest. The existing occupier, Newsquest, will be relocating to alternative office accommodation in Swindon. BUSINESS RATES The Valuation Office Agency website describes the main building as Works Offices and Premises with a rateable value of 140,000. Interested parties should make their own enquiries to the local billing authority, Swindon Council tel. 01793 445500 to ascertain the exact rates payable. A change in occupation may trigger an adjustment for the rating assessment.
LEGAL COSTS Each party is to be responsible for their own legal and professional costs. VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the Rent/Sale price. We recommend that the prospective tenants/purchasers establish the VAT implications before entering into any agreement. THE CODE FOR LEASING BUSINESS PREMISES IN ENGLAND AND WALES 2007 Please see www.leasingbusinesspremises.co.uk ASBESTOS REGULATIONS It is the responsibility of the owner or tenant of the property, and anyone else who has control over it and/or responsibility for maintaining it to comply with the Control of Asbestos Regulations 2006 (CAR 2006). The detection of asbestos and asbestos related compounds is beyond the scope of Alder King and accordingly we recommend you obtain advice from a specialist source. SUBJECT TO CONTRACT Alder King LLP is a Limited Liability Partnership registered in England and Wales. No OC306796. Registered Office: Pembroke House, 15 Pembroke Road, Clifton, Bristol BS8 3BA. A list of all Members is available at the registered office. VIEWING ARRANGEMENTS/FURTHER INFORMATION To arrange an inspection please contact the Sole Agents: Alder King Property Consultants Contact: James Gregory Tel: 01793 428106 Email: jgregory@alderking.com or Contact: Martin Baker Tel: 01793 428102 Email: mbaker@alderking.com ENERGY PERFORMANCE CERTIFICATES An EPC has been produced and is available for inspection. JDG/DLN/77725 June 2014