Abingdon-based property and investment group Barkby has exchanged contracts on an unspecific property development site in Swindon.

The company - specialises in projects with a gross development value of between £3m and £20m, said it will develop a 30,000 sq ft mixed-use retail and trade scheme at the site. The site has an estimated gross development value of £7.5m.

The group added that it is currently in legal negotiations with prospective tenants who will enter into pre-let agreements for occupation at completion of the development

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