Acting on behalf of Rockspring Funds, Caisson Investment Management has sold Unit 23 Ash at the Ash and Birch Industrial Estate, Kembrey Park, to MMG Magdev, a specialist supplier of permanent magnets.

Unit 23 Ash is a detached warehouse facility of 11,601 sq ft at the entrance to the estate. It was available at a quoting price of £755,000.

Alastai Andrews of joint agents Loveday and Loveday said: "The units at the Ash and Birch Industrial Estate provide unrivalled accommodation in the Swindon market.

"The ;andscaped environment coupled with a very approachable on-site management team makes this the ideal location to expand a business. With various other units ranging from 1,000 sq ft up to 14,000 sq ft still available, any companies seeking to relocate should get in touch either with myself or joint agents Jones Lang LaSalle and Alder King."