Commercial property

Commercial property news from Swindon and Wiltshire.

Pride pop-up shop returns to The Brunel

Written by Peter Davison.

Pride pop-up shop

 

A pop-up shop that celebrates sexuality and gender diversity is returning to The Brunel shopping centre in Swindon next month.

Swindon & Wiltshire Pride will open their doors on Saturday 4 and Sunday 5 April. This will be the third time that Pride have had a temporary shop at The Brunel and the local charity decided to make another return visit following the extremely positive feedback they received previously.

Building society opens digital hub in Swindon

Written by Peter Davison.

Nationwide digital hub

 

Swindon-based building society Nationwide has opened a new digital hub in the town, employing 700 tech staff.

The mutual has invested millions of pounds in the scheme, and says Ramsbury House at Kembrey Park will play a key role in the delivery of new digital services.

Council snaps up large warehouse

Written by Peter Davison.

Unit 1 Hawksworth Park

 

A large, modern detached warehouse unit on a popular Westbury business park has been sold to Wiltshire Council.

Unit 1, Hawksworth Park on Northacre Industrial Park in was sold by property consultancy Myddelton & Major. Wiltshire Council was represented by BNP Real Estate. The sale price was not disclosed.

Investment continues at historic hotel

Written by Peter Davison.

Dining room - artist's impression

 

The next phase of upgrading work has begun to deliver a fresh look for the bedrooms, bathrooms, bar and public areas of one of Chippenham’s iconic hotels, The Angel.

The Angel Hotel at Market Place is a Grade II listed building which was originally a 17th century coaching inn. In the past couple of years, the hotel has seen more than £260,000 invested into upgrading its infrastructure.

Screwfix taps into expanding Warminster trade park

Written by Peter Davison.

Screwfix Warminster

 

The fast-growing Warminster Business Park continues to expand – attracting major players such as Screwfix to the newly developed Swan Business Centre.

Screwfix, the UK’s largest tools and hardware giant, had pre-let a frontage unit on an established Warminster trading estate and is now operating successfully from the park.

Modest increase in property prices anticipated now Brexit stalemate is lifted

Written by Peter Davison.

Andrew Kilpatrick

 

A modest increase in rents and prices is expected for the year ahead, with the commercial property market predicted to pick up as a result of the lifting of the Brexit stalemate, according to the Q4 2019 Commercial Market Survey from the Royal Institute of Chartered Surveyors.

Only in the retail sector is the downturn expected to continue, with demand for retail space continuing to fall, whereas in the industrial sector, demand rose to +17 percent from +nine percent, whilst demand for office space remains static.