Property photos
Freehold
Offers over
£3,282,085
(£112.10/sq. ft)
Office for sale
Minton Place, Station Road, Swindon SN129,278 sq. ft
Local area information
Property location
Nearby amenities
- Swindon (Wilts) 0.1 miles
- Ferndale Primary School & Nursery 0.6 miles
- Holy Rood Catholic Primary School 0.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Swindon to find out more about the local area.
Features and description
- Freehold
Key Points
Located on a prominent corner plot, opposite Swindon Railway Station and adjacent to the new bus boulevard, part of the council’s £33m investment into the redevelopment of Fleming Way. The property extends to 29,278 sq ft, arranged over 5 floors Let to 8 tenants with a total passing rent of £384,422 pa reflecting a low average rent of £13.06 per sq ft. WAULT of 2 years, 7 months to expiry, 1 year, 11 months to break Freehold. Medium term office refurbishment or residential redevelopment opportunity; planning permission is in place to convert the adjoining office building into 58 flats. Prime town centre office rents currently stand at £23 per sq ft. We are instructed to seek offers in excess of £3,282,085 (Three Million Two Hundred Eighty-Two Thousand and Eighty-Five Pounds), subject to contract and exclusive of VAT. A purchase at this level reflects a net initial yield of 11% and a capital value of £112 per sq ft, assuming purchasers’ costs of 6.48%. For further information, or if you would like to arrange a viewing please either contact myself or my colleague Ian lambert, on the contact details provided below.
More information
Listed by
Hartnell Taylor Cook LLP
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Property descriptions and related information displayed on this page are marketing materials provided by - Hartnell Taylor Cook LLP. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hartnell Taylor Cook LLP for full details and further information.