£5,000,000

Property for sale

  1.  Chippenham Motor Co136.Jpg
  2.  Chippenham Motor Co79.Jpg
  3.  Chippenham Motor Co81.Jpg
Freehold

Offers over

£5,000,000

(£515.62/sq. ft)

Property for sale

Bumpers Way, Bumpers Farm, Chippenham SN14

From 9,697 - 27,628 sq. ft

Local area information

Property location

Nearby amenities

  • St Peter's CofE Academy 0.2 miles
  • Frogwell Primary School 0.4 miles
  • Chippenham 1.2 miles
  • Melksham 5.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
Key Points

  • Single let on a Full Repairing and Insurining lease to Chippenham Motor Company passing rent of £300,000 per annum exclusive (£11psf)
  • New 15 year lease from September 202023 subject to 3 yearly uncapped rpi reviews
  • Creditsafe rated A covenant - trading at the property for over 20 years
  • Recently refurbished throughout to an expenditure of £1.1M
  • Large site extending to 1.9 acres with 25% building coverage
  • Property extends to a Gross Internal Area of 27,629 sq ft

  • Description

    The subject property comprises a car dealership with 3 no. Retail showrooms, vehicle workshops, retail display spaces and customer parking.
    The showrooms operate under the kia brand. Franchise agreements as follows:

    Kia Sales, Service, Parts
    Seat Service, Parts
    Peugeot Service, Parts
    Citroen Service, Parts

    Location

    Chippenham lies circa 5 miles south of junction 17 of the M4 motorway, which links the town to Bristol, Swindon, South Wales, and London. The A4 former coach road, A420 and B4069 provide further road links to Bath, Bristol and Oxford. The town is bypassed to the west by the A350, which links the M4 motorway with Chippenham and nearby towns to the south.

    The property is located on the east side of Bumpers Way, within the Bumpers Farm Industrial Estate, just south of the A420 trunk road.

    Junction 17 of the M4 is circa 4 miles north. The immediate surrounding area is commercial in nature and comprises a mixture of industrial units of varying ages and designs together with retail warehouse and trade counter units. Surrounding occupiers include Screwfix, Dyson, B&M and Wickes Stores. Bumpers Farm Industrial Estate remains an attractive estate for both local and national covenants with low vacancy rates and strong rents being achieved.

    More information

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