Developers of large warehouses – so-called big sheds – are starting to buy sites in the West, positioning themselves for an upturn in demand, according to commercial property advisors GVA. However, the firm’s annual Industrial Intelligence report warns that the region is facing a shortage of good quality accommodation because of the lack of speculative development. GVA’s industrial...
Cinema chain Cineworld was today named as the operator of the six-screen multiplex which will be part of Swindon’s long-awaited £50m Regent Circus leisure scheme The new state-of-the-art, all-digital cinema will form a key part of the development by Ashfield Land which will transform a neglected area of the town centre dominated by the...
Unit 22 of Ergo Business Park has been let to Wyrestorm Technologies, a global electronics company. The unit is a two storey office property extending to 2,170 square feet and has been let by way of a new 5 year lease. Wyrestorm Technologies short listed the property as they were able to agree a...
Acting on behalf of the landlords GB Contracts, Alder King in conjunction with Whitmarsh Lockhart, has let Drake House on Lakeside Business Park, South Cerney to Thornley Kelham (formerly The Vintage & Classic Paintshop Ltd) on a new five year lease. The Vintage & Classic Paintshop started as a small team of experienced enthusiasts working...
Unit 2 Newcombe Drive, Hawksworth Industrial Estate has been sold to Medlock Electrical Distributers by Alder King on behalf of private investors Valad property Group for £325,000. Medlock Electrical Distributors is the largest independent wholesale group in the UK and Ireland, and a leading member of ANEW, the largest electrical buying consortium in the...
Acting on behalf of private investors, Armada Group, Alder King has sold the Former Hydrex Building, Hullavington, Chippenham. The premises comprises 4,550sq ft on 0.913 acres of land and is located less than 5 miles from junction 17 of the M4 on a former railway station yard. The property benefits from workshop and stores...
Swindon brewer Arkell’s has acquired two outlets from Enterprise Inns as the 168-year business continues to develop its estate. The family firm has bought the Fox and Hounds in Haydon Wick and The King’s Arms Hotel in Malmesbury, paying the market price for both and expanding its portfolio to 107 properties. The Fox and...
A major online retailer is poised to sign a deal for a large distribution warehouse in the West, part of a growing trend on the back of the dramatic rise in internet shopping this Christmas. Commercial property specialists Colliers International has witnessed similar developments across the country as shoppers increasingly hunt bargains on the...
Muse Developments and the Homes and Communities Agency (HCA) have submitted a detailed planning application to Swindon Borough Council for the first phase of regeneration at Union Square. The application seeks approval for one residential building comprising 45 assisted living apartments, and a 850 space multi-storey car park. This is following the outline planning...
RO Developments has completed two deals at its RO24 Swindon industrial scheme at South Marston, leaving just two units available. Workman LLP, a national firm of commercial property specialists, has taken a 3,055 sq ft unit on a 10-year lease at an annual rent of £18,350. Meanwhile, Retro Vehicle Services, which provides specialist automotive...
