Old Swan YardDevizes, SN10 1AT

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  • Type Investment
  • Size 10-50k sqft
    1
  • Tenure Freehold
  • Guide Price
  • Jeremy Sutton 01793 489 946
  • Brochure Download

Old Swan Yard is a courtyard retail and office development situated in the centre of the market town of Devizes, and comprises 9 small retail units including a cafe and bakery, a basement restaurant, and two first floor office suites.


INVESTMENT CONSIDERATIONS

  1. Established and attractive courtyard retail development in a central area of a busy market town. 
  2. Part Grade II Listed (4-6 High Street). 
  3. Fully occupied, with long standing tenants.
  4. good tenant mix including national, regional, and niche local retailers. 
  5. Approx. 23% of the current passing rent is secured from 2 national charities with excellent covenants. 
  6. 7 units with stepped or annual fixed rental uplifts.  By end of 2019 rental income £185,000.
  7. A range of unexpired terms from 2 to 9 years, average unexpired term of approximately 6 years. 
  8. Well managed scheme with 100% service charge cost recovery. 
  9. As the property is Listed, no empty rates liability in the event of any void.  
SN10 1AT

Old Swan Yard
Devizes, SN10 1AT