22nd February 2017
New Letting Agreed for Sought After Swindon Property
HPH Commercial Property has recently completed a letting on one of the few Grade II listed office properties in Swindon.
The deal for is for 3,800 sq ft of space in Churchward House which sits in close proximity to the Swindon Outlet Village, within walking distance of the railway station and provides easy access to junction 16 of the M4.
Capita Secure Information Systems Ltd, which acquired previous tenant Intelligent Time Systems Ltd in 2015, has signed a 10 year deal on the ground floor of the property. The rent equates to £17 per square foot, a new high for the Churchward Estate, further reinforcing its rising popularity amongst occupiers.
HPH has invested heavily in the building since its acquisition in 2006, installing energy-saving measures such as advanced heating control and monitoring, power optimisation and energy efficient lighting to provide a high quality and efficient working environment whilst maximising the period charm and industrial heritage of the building.
HPH was advised by James Gregory from Alder King who considers Churchward House one of Swindon’s prime office buildings in a highly sought after location.
James Gregory said: “With its close proximity to the railway station and town centre, the Churchward area continues to generate keen interest. The properties here offer good levels of car parking, access to the M4 and a strong character and identity. The recent expansion of the Outlet Centre has also seen the arrival of new restaurants and cafes which further enhances the appeal for the office occupiers.”