Isis Trading Estate, Swindon SN1 2PG
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£4,100,000
Sep 2025
NorthCap has successfully acted on behalf of Magwich Swindon Limited (a newly formed JV between Vengrove and Magwich) advising on the acquisition of an industrial estate in Swindon.
The property comprises 53,564 sq ft across 9 units let to 8 tenants providing a low passing rent of £365,867 pa, reflecting £6.83 per sq ft overall. The property offered excellent reversion potential.
The purchase price was £4,100,000, reflecting a net initial yield of 8.37% and a low capital value per sq ft of £77.
