Acting as Joint Auctioneer to Acuitus, commercial agents Loveday have secured the sale of Focal Point in Swindon town centre. The 35,000 sq ft five storey office building occupies a prominent position in Swindon town centre and is situated within two minutes’ walk of the mainline rail station.
Bradley Forbes of Loveday says “We were delighted to assist as joint auctioneers in the sale of Focal Point where we achieved a price well in excess of guide. The continuing improvement in the office market locally and ongoing electrification of the rail link from London to Cardiff suggests that the new owners have secured this property at a pivotal time in the office market in Swindon and that their investment will pay off.
Our research indicates that rents will continue on an upward curve for the foreseeable future and improved rail services will have a dramatic and positive effect on the local market for offices going forward. Coupled with dwindling availability we are finally seeing the office market regain some forward momentum”.
Further information is available from Bradley Forbes on 01793 423344 e mail : firstname.lastname@example.org