Commercial property

Commercial property news from Swindon and Wiltshire.

Print firm secures Beacon unit

Written by Peter Davison.

Unit 207 Beacon Centre

 

A prime industrial/warehouse unit on a new development at Amesbury’s Solstice Park has been snapped up by a company working the print, prop and interior design field.

The end-terrace Unit 207, Beacon Centre has been acquired by Vizual Koncept Ltd in a deal brokered by property consultancy Myddelton & Major.

Business rates discount does not go far enough – expert

Written by Peter Davison.

Andrew Kilpatrick

 

The 100 percent rate relief granted to qualifying commercial premises in the Budget earlier this month should be extended to professional services occupiers, according to leading commercial property agent Andrew Kilpatrick.

On March 11, chancellor of the exchequer Rishi Sunak said tens of thousands of retail, leisure and hospitality firms will not be asked to pay any business rates in the coming year under a scheme called Expanded Retail Rates Relief.

Swindon Council prepares to take over historic Mechanics’ Institute

Written by Peter Davison.

The Mechanics’ Institute

 

Preparations could soon be underway to bring Swindon’s historic Mechanics’ Institute into public ownership.

If approval is given at next week’s Cabinet meeting (Wednesday, 25 March), officers at Swindon Borough Council could begin to make the preparations that are necessary to allow the authority to make a Compulsory Purchase Order, which could secure the council’s ownership of the building.

Massive distribution centre takes shape

Written by Peter Davison.

St Modwen Park Chippenham

 

A massive distribution centre just off the M4 at Chippenham is taking shape – although construction work has now been paused due to the coronavirus outbreak.

Steelworks for the first speculative unit on the St Modwen Park at Junction 17 have now been erected.

Commercial Road properties offer a variety of sizes and rents

Written by Peter Davison.

1 Commercial Road

 

Swindon property commercial agent Kilpatrick & Co has been instructed to market five premises on Swindon's bustling Commercial Road.

The largest is the former Office Angels unit at 18-20 Commercial Road, where part- open plan and part-partitioned offices are available with central heating, air conditioning and kitchen/staff room to the rear with male and female toilets and is available at an asking rent of £20,000 per annum – described by the agents as "a bargain".