Kilpatrick & Co. have successfully sold an office investment in Swindon on behalf of a private client. The 3 storey office building in Old Town, Swindon extends to c. 2,500 sq ft and is let to three tenants with potential rental income of £22,000 p.a. and was sold close to the asking price of £250,000 to a local purchaser.
Andrew Kilpatrick of Kilpatrick & Co. said “We had good interest in this property from local investors and were pleased to have achieved a sale. This is the third investment sale we have concluded recently in Swindon.
“Demand for investment properties remains good, particularly where the yield is attractive. With returns from banks and building societies so poor and the investment stock market so turbulant, commercial property investments are in increasing demand.”
