AMADEUS Properties is nearing completion of the first phase of its character office scheme at Swinton Grange, Malton.

The development, in grounds between Malton and Castle Howard, comprises five new self-contained units ranging in size from 119 sq m to 372 sq m, which are available to buy or rent.

Andrew McBeath, of agent MPC Ltd of Clifton Moor, York, said: "The intention is to offer complete flexibility. We can sell or lease buildings or even offer someone a lease with a right to buy at some point within the lease term".

"The developer can separate the buildings if necessary, providing units from as little as 60 sq m (646 sq ft). We have always felt that this scheme would be ideal for small and growing companies because it provides them with the opportunity to own their own premises.

"This is an ideal investment decision as it presents the choice of simply having ownership of their business premises with any extra rental income from renting out surplus space or putting it to a pension fund."

Updated: 09:41 Tuesday, October 18, 2005