prime commercial property in the centre of Swindon has been sold to investors for £1.2m. The College Court development at Regent Circus was offered at a London auction with a guide price of £1m and was sold by Kavanaghs through leading London agent Allsop.

College Court comprises of Imperial, Trinity, and Oxford Houses, which are let to Advance Insurance Agencies and Allen & Harris respectively at a combined income of £154,000 a year.

Stephen Brickell, commercial property manager at Kavanaghs, said:

"We are delighted to have sold College Court with our long standing colleague, Duncan Moir of Allsop.”