SWAINS
Swains International PLC in Talks for Property Sale With Retirement Complex Developer The photo industry king-pins agree a deal for offices and warehouse facility, that could lead the company into a more dynamic, efficient and modern future
Eastland House in the 1970’s
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needs right now and actually, always has had ixel recently learned that Swains really. The building has been extended over the International PLC has accepted an offer years and although we are naturally very fond from developer, McCarthy & Stone to of the place and proud of buy its property, Eastland its heritage, the office space House in Westgate, is quite old fashioned with Hunstanton. The developer, multiple individual offices which is currently building “Whilst we’re looking off long corridors. We’re 32 retirement apartments to downsize the scale looking at the future of in St Edmund’s Terrace, is of the property we Swains and how we can looking to create retirement operate from, we are work more efficiently as we apartments with care move forward”. options available. not downsizing our He added: “We have Speaking to Managing people or the brands plenty of time for this deal Director Alan Comer, it that we work with” to evolve and if everything became clear very quickly goes to plan in the whole to us, that this potential scheme of things, we have step is something that is got until the middle of 2017 the result of a number of to move the business. The developer has a options that the company has been considering whole range of investigations and planning in recent years; mainly due to the excess of legalities to go through before any ink dries space they currently have at the Hunstanton on any paperwork so there’s no rush. We are HQ. Alan said: “Swains has more space than it
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Eastland House in 2016
naturally looking at potential premises and have been looking at more modern premises with open plan office space in the Kings Lynn area. This would give us better transport links for deliveries from our numerous suppliers and more efficient delivery for our clients, and is just 15 miles away for our current base. Eastland House has around 23,000sq ft of warehouse space and over 9,000sq ft of office space too, but only currently uses 3,000sq ft of office space and according to Alan, this has