Minton Place, Station Road
Savills flat

Minton Place, Station Road, Swindon SN1 5DE

£1,750,000 Score 4.0/10

Description

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)

Opportunities

  • Development potential
  • Vacant
  • Title split (58 units)

Lot details

  • 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
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Indicative analysis from auction-house listing data. Verify with the legal pack and your broker before bidding.