- For Sale by Online Auction +
- Thursday 5th December 2024 +
- Lot 17 +
- Guide Price £495,000+ +
LOT 17
FOR SALE BY ONLINE AUCTION
THURSDAY 5th DECEMBER 2024
GUIDE PRICE £495,000+
Attractive 4 storey period building which has detailed planning permission for conversion to a 9 bedroom HMO. Sought after Old Town address.
Currently 3 floors of offices with nail bar on the lower ground floor. The nail bar is let on a rolling contract at £5,400pa with the remainder of the building vacant on completion.
Consent was granted by Swindon Borough Council under app no S/23/1481 in March 2024 for the change of use or alternatively the property could be converted to a large 5 bedroom house with car (stp).
At the rear there is a courtyard off the lower ground floor and ample parking for about 6 cars.
Situation & Description - Attractive 4 storey period building which has detailed planning permission for conversion to a 9 bedroom HMO. Sought after Old Town address.
The property is situated in a residential area only a short distance from both the town centre and Old Town. Swindon is a large and expanding town with a wide range of shopping, entertainment and leisure facilities. There is a mainline railway station and access to the M4 motorway.
Currently 3 floors of offices with nail bar on the lower ground floor. The nail bar is let on a rolling contract at £5,400pa with the remainder of the building vacant on completion.
Consent was granted by Swindon Borough Council under app no S/23/1481 in March 2024 for the change of use or alternatively the property could be converted to a large 5 bedroom house with car (stp).
At the rear there is a courtyard off the lower ground floor and ample parking for about 6 cars.
What3Words///stone.petal.dome
From Old Town centre proceed on Bath Road and the property is on the right.
Viewings - To arrange a viewing, contact: Auctions on
There will be numerous pre-arranged open house viewing slots lasting for 30 minutes and you can book in by contacting the Auctioneers.
If you have any concerns with viewings, please contact the relevant Strakers office and we would be happy to discuss them with you and hopefully put you at ease.
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When the auction opens at 8am the day of the auction, you will be able to place bids in line with the pre-determined bid increment levels, using the bid increase (+) and decrease (-) buttons provided. It is recommended you check your web browser will allow you to bid in good time as some browsers' security can block the ability to bid. We recommend using Google Chrome when possible.
We offer property for sale by immediate, unconditional contract. This means that the fall of the electronic gavel constitutes an exchange of contracts between the buyer and seller. Both parties are legally bound to complete the transaction usually within 20 working days following the close of the auction but this will be confirmed within the legal documentation.
Legal Pack - You can download or pre-register for the legal packs via our website by using the ‘Menu’ at the top of the page and selecting ‘Auctions’, then ‘Current Auction’. This will produce a lot list. Find the lot of interest and click ‘View Legal Documents’. You will need to sign-up by entering your email address and creating a password the first time you use this, your log-in will stay valid for all of our future auctions. The legal pack may not be available straight away, but as long as you have registered to receive it you will be notified as soon as it is available.
Reserve & Guide Price - Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
+ Fees - If you are the successful bidder, you will then be asked to sign the auction contract and pay a 10% deposit (minimum £3,000) and a buyers fee of £600 including VAT on any Lots purchased at or below £99,999 or £1,200 including VAT on any lots purchased at £100,000 or above.
Disclaimer - These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements and distances are approximate only. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.