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Regent Circus Regent Circ
45,616 SF of Assignment Available in Swindon SN1 3DQ
Assignment Highlights
- Modern purpose built store of 49,739 sq ft gross internal area
- Forms part of the 98,818 sq ft Regent Circus retail and leisure destination
- Separate leisure scheme multi-storey car park provides an additional 212 spaces
- Dedicated ground floor car park of 238 spaces as part of the demise
- Other tenants include 6 screen Cineworld cinema, Ask Italian, Nando’s and Prezzo
- Suitable for retail and leisure uses, subject to planning and landlord’s consent
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 45,616 SF | Oct 2039 | $38.52 CAD/SF/YR $3.21 CAD/SF/MO $414.61 CAD/m²/YR $34.55 CAD/m²/MO $146,423 CAD/MO $1,757,072 CAD/YR | Fully Repairing & Insuring |
Ground
The leases on the store and associated dedicated car park are offered for assignment and offers are invited. Offers will also be considered for a sub-lease of the whole of the store and the associated dedicated car park for a term up to the tenants break date on 13th October 2034. Alternatively, Morrisons will consider sub-letting the store premises in parts and interested parties should contact the agents to discuss their space requirements and terms. The lease allows retail use, but leisure uses will also be considered subject to planning and landlord’s consent for a change of use.
- Use Class: E
- Assignment space available from current tenant
- Fully Built-Out as a Convenience Store
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS FOR Regent Circ , Swindon, WIL SN1 3DQ
| Property Type | Retail | Total Land Area | 4.15 AC |
| Property Subtype | Storefront | Year Built | 2014 |
| Gross Leasable Area | 98,818 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 98,818 SF |
| Total Land Area | 4.15 AC |
| Year Built | 2014 |
About the Property
The property comprises a purpose built food store arranged over ground and first floor levels situated within the modern Regent Circus development. The main trading level is at ground floor and is accessed from the piazza adjacent to the customer car park entrances. A smaller ancillary area is provided at first floor. The store is serviced from a dedicated service yard to the side of the building. The store has an adjacent dedicated surface level car park providing 238 spaces. There is a separate multi-storey car park for the remainder of the scheme providing an additional 212 spaces. Both car parks are currently operated on a pay and display basis at the same cost levels. Regent Circus is a modern retail and leisure development that opened in 2014. It is located on the southern side of Swindon town centre with frontages to both Regent Circus and Crombey Street. Regent Circus provides the only cinema in central Swindon with a 6 screen Cineworld digital multiplex. The remainder of the space is occupied by the subject store and a range of restaurant units occupied by tenants including Ask Italian, Nando’s, Coal Grill & Bar and Prezzo
- Property Manager on Site
- Security System
- Storage Space
-
Greg Styles -
Colliers
Presented by
Regent Circus | Regent Circ
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