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