Commercial property

Commercial property news from Swindon and Wiltshire.

New occupants confirmed for Swindon’s 'Snoasis'

Written by Peter Davison.

Investment and development company SevenCapital has secured new occupiers for its upcoming £500 million North Star retail and leisure destination in Swindon – dubbed the "Snoasis'.

The new occupiers, including a KFC restaurant with inside and outside seating and a 29,500+ sq ft Gravity Active Entertainment centre join The Snow Centre, Hollywood Bowl, Ellis Brigham and Empire Cinemas who previously confirmed pre-let agreements at North Star Village.

The new deals mean the development is now circa two-thirds pre-let, with the new tenants collectively occupying a further 32,000+ sq.ft, which will generate an additional £700,000 annual income.

John Watkins, director at SevenCapital, said: “These are fantastic tenants that will prove to be popular attractions within the North Star Village, bolstering the development’s already growing appeal.

"They demonstrate the confidence and desire within the industry for game-changing leisure and retail destinations in the UK and we’re thrilled to have them on board.”

Councillor Dale Heenan, Swindon Borough Council’s cabinet member for the town centre, said: “SevenCapital is quietly working hard and getting on with making the North Star leisure complex a reality.

“Today’s news on which companies are signing up is a big milestone, and one of the reasons why I have confidence that Swindon will become a regional leisure destination.”

Seven Capital was given planning permission by the council for the development on the site directly across the street from the Oasis leisure centre a year ago.

Work is expected to start next Spring.

Skyscraper plans to be submitted to council

Written by Peter Davison.

Plans to build two skyscrapers in the middle of Swindon are about to be submitted to the borough council.

FI Real Estate Management, which owns The Brunel Centre, wants to remodel the area around Wharf Green and Canal Walk with two tower blocks consisting of 300 residential units, and 3,000 sq ft of leisure space including restaurants, bars, and cafes.

The proposed tower blocks would be 24 and 20 storeys high. The development will also include a 'pocket park' for residents.

The development would see the retail unit currently occupied by House of Fraser, and the spiral ramp of the adjoining car park, demolished.

The company carried out a public consultation exercise in July. It says 84 percent of respondents were either supportive (65 percent) or partially supportive (19 percent) of the proposal.

A spokesman said: "We had a lot of positive feedback following the summer consultation and we have refined our plans to ensure that the majority view is accommodated, whilst continuing to maximise the space and remaining true to the development design appraisal.

"This is a bold and ambitious project which will help transform the town centre, attracting new residents with high-quality homes and a more diverse and varied leisure offer to further boost the local economy.”

Former village primary school with potential comes to market

Written by Peter Davison.

The former St Michael's Primary School in FigheldeanA former Victorian primary school in the historic village of Figheldean, near Salisbury, has become available to buy or to rent.

Property consultancy Myddelton & Major has been instructed to market the former St Michael’s primary school premises, which occupies a site of approximately 0.71 acres (0.287 ha).

It is available either to buy as a freehold property, or to rent on a new lease. The price is available on application and offers are invited for either option.

Myddelton & Major partner Dean Speer said: “This former school site has potential for a range of uses, subject to planning.

“Figheldean is a historic village, mentioned in the Domesday Book, which lies alongside the River Avon on the southern edge of Salisbury Plain.

“The site adjoins established residential development on the southern edge of the village and the Figheldean Social Club is across the road.

“The school building dates back to 1885 and currently has classrooms, offices, and WC facilities. There are also a number of temporary classrooms and the buildings measure 1,647 sq ft.”

Eye-catching retail premises changes hands

Written by Peter Davison.

119 Commercial RoadA shop and offices with a striking Union Flag mural is changing from a recruitment agency to an estate agents.

The mural was painted to celebrate the Queen's diamond jubilee in 2012 as part of a street party thrown by businesses in Swindon's Commercial Road.

119 Commercial Road has been vacated by Field Recruitment, who have relocated elsewhere in Swindon, and been taken over by Peepal Estate Agents.

The property was marketed by commercial property agent Kilpatrick & Co.

The end of terrace, two-storey building extends to 863 sq ft with a ground floor retail / office space with a large display window overlooking Commercial Road on the ground floor and three offices above. The property also comes with three parking spaces.

Daniel Pitt of Kilpatrick & Co said: "Peepal Estate Agents will make a great addition to the other businesses and retailers along Commercial Road.

"There was much interest in the property from both business/office based companies and retailers, and restauranteurs also viewed the property.

"We do have a few more properties along Commercial Road, which may be of interest to businesses and we would encourage interested parties to contact us for details."

Volcanic-themed fashion retailer bursts onto scene

Written by Peter Davison.

FamaraContemporary artist Elizabeth Harwood has burst onto Marlborough's retail scene – with a shop inspired by her love of a volcanic island.

Famara has opened at 11 Hughenden Yard, selling clothing and accessories of silks and satins alongside active-ware, aimed at the adventurous woman.

The brand is inspired by Playa de Famara, a beach of sand and volcanic pebbles on Lanzarote. It is well known as a destination for surfers, while the cliffs that loom over the beach – which peak at over 600m – are a haven for wildlife and fauna.

Letting was agreed on behalf of the landlord by property consultant Kilpatrick & Co.

Office manager Daniel Pitt said: "“We are delighted to welcome Liz and Famara Ltd to Hughenden Yard. It has been a long time in planning in terms of finding the appropriate opportunity and available unit in which Liz could operate from. At last the time was right and we wish Liz every success.

"This really is an exciting opportunity not just for Liz but for all the community of Hughenden Yard. All the tenants are showing such energy and creativity in generating interest and bringing in new shoppers and visitors to Hughenden Yard and having Famara as part of this community can only be of great benefit.”

New offices for enterprise partnership

Written by Peter Davison.

Digital Mansion CorshamSwindon and Wiltshire Local Enterprise Partnership has moved into offices at the newly-refurbished Digital Mansion Corsham.

The previously vacant landmark building in Corsham town centre was opened in March this year. A new glass-fronted extension was added to the main entrance of the Grade II listed house.

It will now provide small units, meeting rooms and break out areas for local digital start-up businesses.

The building was developed by Wiltshire Council using £2.5m of funding from the SWLEP.

"I’m delighted that we have successfully moved to the Digital Mansion Corsham which will enable us to continue our growth strategy and deliver the Local Industrial Strategy over the coming years," said SWLEP director Paddy Bradley.

"Using Digital Mansion Corsham as a base will allow us to continue to work with our partners, as we set the economic priorities for Swindon and Wiltshire, facilitating projects that help accelerate economic growth and job creation in the area."

SWLEP was previously based at Wiltshire Council's Monkton Hill offices in Chippenham.

Construction underway at major new development

Written by Peter Davison.

Swan Business CentreA major new development of starter units for small to medium businesses, The Swan Business Centre, is being constructed at expanding Warminster Business Park.

Nationwide Engineering Group is to develop 19 new units, ranging from 500 sq ft to 2,250 sq ft, at the strategically-located industrial park.

This follows Swindon-based Nationwide’s recent completion of a £10.5 million, 36-unit new business development at the Bluestone Centre on Amesbury’s giant 160-acre Solstice Park, which directly created 200 jobs.

Construction work at Warminster is now underway with the estimated completion date for the speculative development due in Spring 2020.

Property consultancy Myddelton & Major has been instructed to market the Swan Business Centreunits off-plan on behalf of Nationwide.

Myddelton & Major partner Philip Holford said: “Demand for industrial units in the region continues to outstrip supply, prompting Nationwide’s new development.

“Sales of 10 units have already been agreed and we anticipate strong demand from both existing businesses seeking new premises and start-ups – who will all find this development to be ideally situated in an established Business Park with good accessibility.

“The Business Park currently has an established mix of light, general industrial and warehouse/trade counter uses and this continued investment in Wiltshire by Nationwide shows sustained confidence in the region.”
Of the Swan Business Centre’s 19 units, two are 500 sq ft, four are 1000 sq ft, 11 are 1,500 sq ft and 2 are 2,250 sq ft. All units have mezzanine floors except the two 500 sq ft units.

The units will be arranged in three blocks off Stephens Way on the 0.53-hectare site and 64 parking spaces have been allocated. Purchasers are encouraged to make early enquiries. Prices and terms are available on request to Myddelton & Major on 01722 337577 for the remaining nine units.

Warminster Business Park is situated to the south west of the town centre with direct access to the Bath Road, putting it within striking distance of the strategic junction of the A36 bypass and A350 with an adjacent BP petrol filling station and a Travelodge hotel.

Occupiers on the business park include Screwfix (to be built), Dents, Travis Perkins, Howden Joinery, NH Case, G&T Packaging, Half Moon Bay and Wiltshire Council.

Warminster, the large market and garrison town at the heart of Wiltshire between Salisbury and Bath, serves a local population of 17,490, a district population of 127,900 and a substantial garrison based in the town.

 

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