The Business Exchange Swindon & Wiltshire Edition 44: Aug/Sept 2019 | Page 35
The changing face of Swindon
is a huge business opportunity
Iain Mason
Optimum, based in
Stratton, Swindon, is a
pioneering professional
services firm, combining
legal and accountancy
services under one roof.
To talk to the team
about any accountancy,
conveyancing, wills or
probate matters...
email: [email protected]
phone: 01793 538198
or visit: www.optps.co.uk
Planned development in Swindon presents real opportunities for business. That’s Iain Mason’s view,
a commercial property solicitor, who heads up the legal team at Optimum Professional Services.
The planned closure of Honda in 2021, while a
blow to the town, will unlock a large area which
will be ripe for development, attracting in new
businesses and presenting opportunities for
commercial property.
“We have pinch points in Swindon for
commercial property, with a shortage of certain
types which are in high demand,” said Iain. “The
Honda site represents an opportunity for some
fresh thinking that could be really attractive
for bringing in new industries and helping
businesses which are already here and looking
to relocate.
“We’re living in a fast-moving, disruptive world
and the Honda site could be a chance to break
the mould.”
The £270m leisure development around the
Oasis – the planned ‘Snoasis’ with snow slopes,
cinema and associated restaurants – will also be
a big boost to Swindon.
“But the question remains: whither Swindon?
What happens to Swindon town centre?” said Iain.
“The Snoasis will be a destination point and the
Swindon Designer Outlet is a real success story.
If the Kimmerfields development goes ahead,
which will create a new cultural quarter where
the Wyvern Theatre is, we could be seeing a final
piece in the jigsaw of the next phase of Swindon.”
Iain said looking at the wider area of North
Wiltshire, with Dyson’s development of electric
cars at Hullavington, it was clear all three of
Wiltshire’s M4 junctions lead to a hub of business
activity. “There is an irony that the sun is setting
on one area of car production at Honda and rising
on another with Dyson’s EVs. They are in sharp
relief, but also reflect the changing world.”
“We’re living in a fast-moving,
disruptive world and the
Honda site could be a chance
to break the mould.”
Iain, who, along with the team at Optimum, offers
business development advice to SMEs, added: “All
the indications are that there are opportunities to
be grabbed by business owners, particularly in
the supply chain, for those who are agile enough
and prepared to adapt.”
For Swindon and Wiltshire homeowners
and property investors, the future of new-look
Swindon is also promising. Figures released
earlier this year reveal the average time for
houses to be on the market is shorter here than
anywhere else in the UK.
“Our instructions for sales of residential
properties are very buoyant, and development is
going on all the time, with the likes of Tadpole
Garden Village and Badbury Park,” Iain added.
Developers are also creating accommodation
space in the town centre, such as the former
Alexander House office building near the railway
station being turned into The Lock apartments.
“Swindon is becoming a more attractive place
to work, thanks to electrification of the railway
cutting the journey time to London, and the
planned Crossrail,” said Iain. “I like to think of this
as the emergence of Swindon 2.0 – a new version
of the town which meets the needs of the people
who live and work here and represents great
opportunities for businesses to thrive.”
Bath Racecourse holds
12th annual Property &
Construction Raceday
Bath Racecourse has announced its
sell-out Property and Construction
Raceday will return in 2019 on
Monday 30 September.
Now in its 12th year, the Property and
Construction Raceday welcomes more
than 300 high-profile movers and
shakers within the industry each year.
Attendees not only get to enjoy premier
raceday hospitality and a day’s exciting
horse racing at the Somerset track but
also benefit from exclusive networking
opportunities.
Dribuild Group, the leading Bristol
construction and development
company, is sponsoring this year’s
Property and Construction event.
Matt Tyler, Dribuild Managing
Director, said “As title sponsor at Bath
Racecourse, we’re delighted to be
sponsoring the annual Property and
Construction event, bringing together
the who’s who in the industry for a day
of networking, racing and fun.”
Dribuild work across the UK with
some of the best-known names in the
retail, leisure, commercial, residential
and education sectors. Working on
projects of all sizes from £10k to
£10m in value, they combine specialist
skills and experience to deliver the
whole range of construction services
from small refurbishment works, to
large scale development projects, and
everything in between.
Dribuild were established in the area
over ten years ago and not only strive
to deliver a great service to clients
but also support local businesses and
invest in the local community.
It is this philosophy which sees
them as the ideal sponsor of the
Property and Construction day which
aims to bring together like-minded
organisations who are passionate
about the industry, about challenging
the status quo, collaborating with
each other and changing the image
of the sector to ensure it’s seen as an
industry of choice.
Companies looking to be part
of this special event should
contact Gemma Tuck at Bath
Racecourse on 01225 424609 or
[email protected]
THE BUSINESS EXCHANGE 2019
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