Kilpatrick & Co with joint agents Occleston Bailey have arranged a letting of 21/22 Regent Street, Swindon to a new restauranteur, Galaxy Café. The 2 storey building of 3,190 sq ft occupies a prominent position in the pedestrianised Regent Street, opposite Sports Direct, Specsavers and Pep & Co. Planning consent had been obtained for conversion of the shop to restaurant use and conversion of the upper floor to two flats. The asking rent was £40,000 p.a. The property is currently undergoing conversion and restoration works and is expected to open for trade later this year.
Andrew Kilpatrick of Kilpatrick & Co said: “We had agreed terms for this deal prior to Covid and we have had many ups and downs along the way before completing the deal. We are pleased to have been involved with bringing further new life to Regent Street, particularly as earlier, we sold 19E and 20 Regent Street, the two next door properties.
The Property owner, Fairfax Securities said: “It was a long haul but we got there in the end, mainly thanks to Andrew’s tenacity, which was greatly appreciated.”
Kilpatrick & Co only have one further property left in Regent Street, 59B Regent Street, which is currently under offer.