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Guide price

£475,000

4 bed block of flats for sale
High Street, Highworth, Swindon SN6

    • 4 beds

  • EPC Rating: D

  • Auction
  • Freehold

Fox & Sons - Auction Southampton

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About this property

  • Auction sale

  • 24 June 2025

  • EPC Rating - D

Summary
auction sale 24 June 2025 - Grade II listed four storey mixed use investment property > Two commercial units & three flats - 2 bed,
1 bed & studio > Self-contained & currently let at £47,500 pa

description
*** to be sold by public auction on 24th June 2025 2025 at the grand connaught rooms, 61 - 65 great queen street, london, WC2B 5DA (Online bidding available) ***

Tenure
Freehold

Location
The property can be found in the centre of the idyllic market town of Highworth and is ideally placed for trade, together with local amenities. The area is situated between the North Wessex Downs and Cotswold areas of outstanding beauty, whilst equally being within easy access of Swindon and Oxford and around 65 miles from the M25 via the nearby connection to the M4 motorway.

Description
This Grade II listed four storey mixed commercial and residential property forms part of the main commercial parade located within the centre of Highworth and comprises of two commercial properties and three flats (2 bed, 1 bed & studio), all of which are self-contained and currently let at a
combined rent of £47,500 per annum.

Accommodation
Ground Floor Front (Tandoori Take Away) - Counter/Retail Room, Prep/Service Room, Kitchen, Rear Storeroom, WC.
Basement (Restaurant/Bar): Restaurant Dining Room, Store Room, Bar & Kitchen, Preparation Area with Stairs to Ground Floor with rear entrance, Hallway, 2 x Separate WC’s, Outside Courtyard & table seating area.
Ground Floor Rear Flat 1 – Entrance Hallway with stairs to First Floor, Bedroom One, Bedroom Two. First floor: Landing, Bathroom, Kitchen, Living Room.
External Staircase to First Floor with Communal Door to Communal Lobby.
Flat Two – Entrance Lobby, Studio Room, Bathroom.
Flat Three – Entrance Hallway with Stairs to Second Floor, Shower Room, Separate WC, Kitchen, Living Room, Bedroom.

Tenancy Details
Kebria Takeaway - 20 years from and including 30 November 2019 at £11,500 per annum.
Basement Wine Bar - 20 years from and including 1 July 2024 at £12,000 per annum.
Flat 1 - 6 months form and including 1 July 2024 at £10,200 per annum.
Flat 2 - 6 months form from 20th September 2020 at £5,700 per annum.
Flat 3 - 6 months from 20 November 2023 at £8,100 per annum

Agents Note
VAT is applicable to this Lot
EPC

Kebria Takeaway: D, Basement Wine Bar: Tbc
Flat 1: Tbc, Flat 2: Tbc, Flat 3: Tbc

Council Tax Band
Flat 1 - A, Flat 2 - A, Flat 3 – A

Agents Note
Basement was granted change of use to one bedroom Flat on 12th April 2024 by Swindon Borough Council under planning ref: S/22/1781.

Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Fox & Sons/Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.

Whilst Fox & Sons make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers. Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.

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More information

  • Tenure

    Freehold

  • Council tax band

    A

See all recent sales in SN6

Property descriptions and related information displayed on this page are marketing materials provided by - Fox & Sons - Auction Southampton. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Fox & Sons - Auction Southampton for full details and further information.

High Street, Highworth, Swindon SN6, 4 bed block of flats for sale, £475,000 - Zoopla