Swindon town centre building is put on the market
A town centre site in Swindon is lined up to be sold by auction in September unless it is snapped up soon.
The empty freehold former leisure unit on Bridge Street has lapsed planning consent for conversion to eight residential apartments on the upper floors.
Lily Gartland, senior auction coordinator at selling agents and auctioneers Bond Wolfe, said: “It is a site that clearly has redevelopment potential, subject to planning permission, and could suit a variety of future uses including, leisure, retail and conversion of the upper floor for residential or commercial use.”
The property occupies a prominent corner pitch, fronting both Bridge Street and Fleet Street in Swindon town centre.
Nearby occupiers include an Ibis hotel, JD Wetherspoons, Café Nero and a wide range of national high street retailers. The Brunel Shopping Centre, Swindon’s principal covered mall, is situated within 275 yards.
The ground floor at 24-25 Bridge Street is fitted out as a bar, with the upper floors in basic “shell” condition. The ground floor extends to 3,813 sq ft, the first floor 3,358 sq ft, second floor 3,714 sq ft, giving a total of 10,885 sq ft.
Ms Gartland said: “This investment opportunity will go under the hammer in our online streamed auction on Thursday 12 September unless sold beforehand.”
It is being offered with Watling Real Estate and has a guide price of £475,000-£500,000.
