Smethurst Commercial Property Consultants
Smethurst Commercial Property Consultants     01793 847 470

Rowan House, Kembrey Park, Swindon

Investment Acquisition

Smethurst Property Consultants identified the opportunity and secured the investment despite a competitive bidding situation. The building was let in its entirety to Smiths News.

The guide price was £3.9m which represented a NIY of 9.0%.

The investment was successfully acquired below the asking price which reiterates the importance of having local representation in regional markets.

The Property comprises a self-contained headquarters office building over ground and first floor.

The property provides 140 car parking spaces in a dedicated car park offering an excellent ratio of 1:199 sq ft.

The building was comprehensively refurbished in 2012.