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    Key features

    • A freehold town centre office extending to an approx. 29,278 sq ft, arranged over 5 floors
    • Asset management potential in letting out the vacant space
    • Redevelopment opportunity into multiple dwellings (subject to the requisite consents & existing leases)
    • Planning permission is in place to convert the adjoining office building into 58 flats
    • Situated on a prominent corner plot, opposite Swindon Railway Station
    • Low capital value of £59.77 per a sqft on guide
    • Investment let at £104,421 p.a Part Vacant (5.96% GIY on guide)

    Description

    The property comprises a mid-1980s office building arranged over basement, ground and four upper floors. The property is of concrete frame construction with brick clad elevations arranged under a flat roof.

    The property benefits from raised floors, suspended ceilings with recessed fluorescent lighting. It benefits from good natural light, air-conditioning and two 8-person lifts, two shower rooms on basement and ground floor levels and male and female WC’s on each floor.

    The property includes an 11-space car park and dedicated bicycle store to the rear of the property, accessed via Holbrook Way. Additional car parking can be found at Swindon Train Station, and other multi-storey and NCP car parks in close proximity.

    There is the potential for conversion into residential use, subject to obtaining the necessary planning consent.

    Additional information

    Tenure

    Freehold

    Accommodation

    Please refer to accommodation and tenancy schedule

    Tenancy

    Please refer to accommodation and tenancy schedule

    Rent

    £104,421 p.a.

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack. 

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

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      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Accommodation / Tenancy Schedule

      Local information

      Minton Place occupies a prominent corner location at the junction of Station Road and Beales Close in the heart of Swindon’s Central Business District.  

      Swindon is the principal town and commercial centre in Wiltshire, strategically situated midway between Bristol and Reading, along the M4 corridor. Swindon has become an increasingly popular destination for both residents and businesses, benefitting from increased connectivity to London and relatively low residential prices.

      Transport

      Swindon is located 80 miles west of London and 40 miles east of Bristol, at junctions 15 and 16 of the M4 motorway. The town centre of Swindon is located 4 miles north of J15 of the M4.


      Bristol Airport is the closest international airport to Swindon, located 48 miles west of the subject property. Bristol Airport is the 8th busiest airport in the UK, currently offering over 125 direct routes to both domestic and international destinations.


      Swindon is located on the main line between London and the South West. Swindon Railway Station provides services into London Paddington and Bristol Temple Meads, with the fastest journey time being 56 minutes and 29 minutes, respectively

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums