Station Square, One Gloucester Street, Swindon, SN1 1GW
Offers in Excess of
£5,000,000
£106.16 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
47,098 sq ft
4,376 sq m
- SECTOR
Commercial property for sale
Key features
- Purpose-built town centre office building situated in a prominent location, opposite Swindon Railway Station
- 47,098 sq ft (NIA) arranged over five floors
- Freehold
- The property is let to 4 tenants with an attractive WAULT of 5.23 years to expiry, 1.91 years to break at a low passing rent of £19.93 per sq ft
- 100% of the income secured against companies with ‘Very Low Risk’ of business failure
- 19,905 sq ft (42%) currently vacant and available to let providing immediate asset management upside
- We are instructed to seek offers in excess of £5,000,000, subject to contract and exclusive of VAT
- A purchase at this level reflects a net initial yield of 10.20%, a potential reversionary yield of 19.44% and a capital value of £106 per sq ft, assuming purchasers’ costs of 6.59%
Description
The property comprises a mid 1980s purpose built office building arranged over basement, ground and four upper floors which benefit from flexible floor plates and good natural light.
The property was comprehensively refurbished in 2010.
The property is of concrete frame construction with brick clad elevations arranged under a flat roof.
The property benefits from fully accessible raised floors, suspended ceilings, VRV/VRF air-conditioning, 2 x 8 person lifts, three shower rooms, car parking and has an EPC rating of B (41).
The property is located in Swindon, an increasingly attractive destination for both residents and businesses, supported by improved connectivity to London and comparatively affordable housing.
Swindon Borough Council has set out its vision for the future of Swindon in Heart of Swindon, a prospectus setting out the Council’s mission to drive growth in the heart of Swindon, bringing residential, businesses and visitors into the town centre for leisure activities, and to work and live. Swindon is the UK’s 7th most ‘investable’ town or city, and major projects planned/underway include; Swindon Bus Boulevard, Carriageworks, Brunel Centre, Kimmerfields, New Eastern Villages and Panattoni Park.
Swindon benefits from excellent rail, road and air communications.
Road - Swindon is Wiltshire’s principal commercial centre, strategically positioned on the M4 corridor between Bristol, approximately 40 miles to the west, and London, around 80 miles to the east and is accessed via Junctions 15 and 16 of the M4 motorway.
Rail - Swindon is located on the Great Western Main Line between London and the South West. Swindon Railway Station provides direct, regular services to London Paddington and Bristol Temple Meads, with fastest journey times of approximately 56 minutes and 29 minutes respectively.
Air - Bristol Airport is the closest international airport to Swindon and is located 48 miles west of the subject property. Heathrow Airport is also readily accessible, situated approximately 70 miles east via the M4 motorway.
The property is exceptionally well connected. Station Square occupies a prominent position within Swindon town centre, forming part of the town’s principal office and commercial core.
The property is situated approximately 100 metres from Swindon railway station, and is also located just 200 metres to the north of the town’s primary retail provision, benefitting from close proximity to the established town centre amenities and occupier base.
Station Square is strategically positioned to provide excellent connectivity, with convenient access to both the A4311 and A4259, which in turn link directly to the A419 and onward to Junction 15 of the M4 motorway.
The surrounding area has seen significant investment and regeneration in recent years, with a number of mixed use schemes delivered and further enhancement underway including investment in the public realm, reinforcing Station Square as one of Swindon’s most established and sought after office locations.
The property is let to 4 tenants with a WAULT of 5.23 years to expiry, 1.91 years to break.
The property produces £543,739 per annum, equating to a low passing rent of £19.93 per sq ft. The most recent letting took place in May 2026
at £21.59 per sq ft. Prime rents currently stand at £24.50 per sq ft, achieved at Newbridge Square.
100% of the income secured against companies with ‘Very Low Risk’ of business failure (Creditsafe).
All leases are drawn on effective full repairing and insuring terms.
19,905 sq ft is currently vacant.
The property was comprehensively refurbished in 2010.
The property is of concrete frame construction with brick clad elevations arranged under a flat roof.
The property benefits from fully accessible raised floors, suspended ceilings, VRV/VRF air-conditioning, 2 x 8 person lifts, three shower rooms, car parking and has an EPC rating of B (41).
The property is located in Swindon, an increasingly attractive destination for both residents and businesses, supported by improved connectivity to London and comparatively affordable housing.
Swindon Borough Council has set out its vision for the future of Swindon in Heart of Swindon, a prospectus setting out the Council’s mission to drive growth in the heart of Swindon, bringing residential, businesses and visitors into the town centre for leisure activities, and to work and live. Swindon is the UK’s 7th most ‘investable’ town or city, and major projects planned/underway include; Swindon Bus Boulevard, Carriageworks, Brunel Centre, Kimmerfields, New Eastern Villages and Panattoni Park.
Swindon benefits from excellent rail, road and air communications.
Road - Swindon is Wiltshire’s principal commercial centre, strategically positioned on the M4 corridor between Bristol, approximately 40 miles to the west, and London, around 80 miles to the east and is accessed via Junctions 15 and 16 of the M4 motorway.
Rail - Swindon is located on the Great Western Main Line between London and the South West. Swindon Railway Station provides direct, regular services to London Paddington and Bristol Temple Meads, with fastest journey times of approximately 56 minutes and 29 minutes respectively.
Air - Bristol Airport is the closest international airport to Swindon and is located 48 miles west of the subject property. Heathrow Airport is also readily accessible, situated approximately 70 miles east via the M4 motorway.
The property is exceptionally well connected. Station Square occupies a prominent position within Swindon town centre, forming part of the town’s principal office and commercial core.
The property is situated approximately 100 metres from Swindon railway station, and is also located just 200 metres to the north of the town’s primary retail provision, benefitting from close proximity to the established town centre amenities and occupier base.
Station Square is strategically positioned to provide excellent connectivity, with convenient access to both the A4311 and A4259, which in turn link directly to the A419 and onward to Junction 15 of the M4 motorway.
The surrounding area has seen significant investment and regeneration in recent years, with a number of mixed use schemes delivered and further enhancement underway including investment in the public realm, reinforcing Station Square as one of Swindon’s most established and sought after office locations.
The property is let to 4 tenants with a WAULT of 5.23 years to expiry, 1.91 years to break.
The property produces £543,739 per annum, equating to a low passing rent of £19.93 per sq ft. The most recent letting took place in May 2026
at £21.59 per sq ft. Prime rents currently stand at £24.50 per sq ft, achieved at Newbridge Square.
100% of the income secured against companies with ‘Very Low Risk’ of business failure (Creditsafe).
All leases are drawn on effective full repairing and insuring terms.
19,905 sq ft is currently vacant.
Brochures
Station Square, One Gloucester Street, Swindon, SN1 1GW
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Swindon Station0.2 miles
Notes
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