A prominent building at the entrance to Swindon station is set to get a new lease of life after being bought up by Network Rail for an undisclosed sum.
The historic Signal Point property, which still bears a huge British Rail logo on the front of the building, will be become an "iconic entrance" to the town, Network Rail said.
The 海角视频 railway operator took back ownership of Signal Point from Narbeth Management this month after years of trying to regain control of the building.
Mike Gallop, Network Rail's Western route director, said: “We are excited that we can now start to plan how Signal Point and the land around it can be restored in line with plans that Swindon Borough Council have to regenerate the area.
"We will now work with the council to help develop Swindon station and the town as a whole.”
Councillor Dale Heenan, Swindon Borough Council’s cabinet member for the town centre, said: “This is fantastic news and I think every resident and business will look forward to seeing this prominent office block back in use.
“I have been pushing hard behind the scenes for some time to get this landmark building sorted, and progress has been confidential so I am delighted Network Rail has finally made it happen.
“Signal Point is often visitors’ first view of Swindon, and this building is part of our jigsaw for the town centre. Piece by piece we are seeing progress.”
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Rt Hon Robert Buckland QC MP, Member for South Swindon, added: “Signal Point occupies an important gateway site in Swindon.
"I am very pleased that Network Rail not only have taken back ownership but also have committed to Improving Signal Point and the land around it.
"[This] will improve the appearance of this part of our town centre. I look forward to seeing swift progress.”