SWERDASouth West of England Regional Development Agency
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The East wing is let to the Bank of Scotland and the West wing is let to SWERDA (South West of England Regional Development Agency) on a new 15-year lease at an annual passing rent of pounds 481,470 in total Colliers CRE's Birmingham office represented the purchasers.
16 million, enter into a 12 year lease in Bude, and be released from grant repayment obligations with SWERDA and with the English Department of Trade and Industry.