RO Group acquires roadside site in Swindon earmarked for development
The RO Group has completed the acquisition of Home Farm in Swindon, a roadside development site located on the A420.
The group is set to develop a strategic mixed-use scheme on the 9.7 acre site, which offers potential for a number of uses including retail, industrial, logistics, and storage.
The blueprint for the new development is RO Group’s Solstice Park development in Amesbury, which has been designed to accommodate a diverse range of businesses.
RO Group also has a history of development in Swindon, having previously developed the RO24 industrial scheme at South Marston Park.
Nick Cashmore, investment director of the RO Group, said: “We are delighted to have invested in Swindon, and we look forward to developing this site into a thriving mixed use scheme. We have diligently searched for sites in the South of England and are pleased to have now identified the perfect location for our next major development.
“The site is excellently placed on the A420 Swindon to Oxford road making it an ideal location for a variety of potential uses. The area is already a hive of activity. Neighbouring occupiers include major retailers such as Sainsbury’s and Dunelm as well the regional distribution hubs for Amazon and Iceland.
“We continue to seek new land opportunities similar to Home Farm with a focus on development sites with prominence and roadside visibility throughout the Midlands and South of England.”
The site forms part of the greater New Eastern Villages development plan, which consists of around 8,000 new homes, new schools and community facilities. The New Eastern Villages is set to be one of the largest greenfield developments in the UK.
RO Group was expertly advised by Loveday, Savills and Osborne Clarke on the transaction.