Call 0800 038 5996

Guide Price: £850,000.00

Traditional Auction

The Dorcan Complex , Faraday Road , Swindon , SN3 5HQ

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CURRENT BID*

£840,000.00

(Place a bid)

STARTING TIME

12/12/2023 13:00:00

Lot Number: 45669987

Property ID: 93205019

Whoobid Auctioneers

djacobs@whoobid.co.uk

01202 137200

The minimum current bid is £840,500.00

Fees Apply

Automatic maximum bid £ (only bid in increments of £500)

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Guide Price

£850,000.00

Method of Auction

Traditional

Property Type

Commercial

Number Of Beds

1

Tenure

Leasehold Property

Address

The Dorcan Complex

Key Features

• Leasehold: 125 years from 1st September 1982
• Ideally Situated With Easy Access From The A419
• Approximately 26,000sqft Of Internal Space
• Ample Parking
• Swindon Town Centre Is Just A Short Distance Away
• Office Space Is Split Across Three Separate Buildings
• Buyers Fee Applies
• Pre Auction Offers Considered
• Auction Pack Available On Request

Description

**For Sale By Online Auction** Pre Auction Offers Considered**

The Dorcan Complex is ideally situated with easy access from the A419 making it a great hub for office activity. Offering approximately 26,000sqft of internal space and ample parking, the Dorcan Complex is ideally suited for someone looking to operate serviced office space or occupy as owner of a larger business.

ERV: £259,400pa (£10psqft)

The attractive setting of the complex is set within impressive travel links and Swindon Town centre is just a short distance away.

The office space is split across three separate buildings, allowing staggered letting or refurbishment should that be desired.

Leasehold: 125 years from 1st September 1982

Accommodation Schedule:

A

Ground 1,879
First 2,200
Total 4,079sqft

B

Ground 1,926
First 2,241
Total 4,167sqft

C

Suite 1 125
Suite 2 149
Suite 3 139
Suite 4 119
Suite 5 167
Suite 6 97
Suite 7 151
Suite 8 185
Suite 9 145
Suite 10 133
Suite 11 135
Suite 12 231
Suite 13 457
Suite 14 232
Suite 15 388
Suite 16 199
Total 3,052sqft

D

Ground 1,982
First 2,288
Total 4,270sqft

E

Ground 884
First 1,156
Total 2,040sqft

F

Ground 886
First 1,149
Total 2,035sqft

G

Ground 2,940
First 3,357
Total 6,297sqft

Overall Total 25,940sqft

Traditional Terms & Conditions-

This property is for sale via Online Auction. This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £4,800 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO THE SALE PRICE. Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability. Bidders will be required to register in order to download the 'legal pack', if you choose to bid on the property, you will be required to complete further identity checks for anti-money laundering purposes and provide card details before you are able to place a bid. Properties may be sold prior to public auction if an offer is accepted by the vendors.

**Guide price - This is an indication of the seller's minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.

**Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction, then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above the guide price.

Property Brochure

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Property Auction Pack

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EPC

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Floor Plan

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Map Location

Property Location

Address: SN3 5HQ

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Agent's Information

Name: Whoobid Auctioneers

Address: LONDON, Dorset, EC1V 2NX

Telephone Number: 01202 137200

Email: djacobs@whoobid.co.uk

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