A business park in Swindon has reportedly accounted for more than 40% of the out-of-town office lets signed in 2010.

The Kembrey Park site (typical building pictured), on the outskirts of Swindon, holds a dominate position for office lets according to a report by London and Swindon based Keningtons. The chartered surveyors report that lets at the Highcross owned Kembrey Park amount to 70,000 sq ft of floor space. That figure is however largely made up of the letting of 58,400 sq ft of office space to technology company Motorola on a ten-year lease.

In total there were 8 new tenants who leased space in the business park in 2010. Keningtons say that office take-up in Swindon was 222,173 sq ft, a 71% increase on 2009. Out-of-town office space accounted for 160,982 sq ft of the total. Motorola relocated to the business park from another building within Swindon and took floor space within the 80,000 sq ft Trilogy Building at an agreed rental price of £14.50 / sq ft.

Kembrey Park consists of several office buildings of various sizes, many having been recently refurbished. Buildings are available to let in total as headquarters style premises or alternatively whole floors or flexible suites are available. The Cherry Orchard building has available office suites with floor spaces ranging in size from 700 sq ft – 5,000 sq ft with quoted rental prices of between £12.50 / sq ft – £14 / sq ft.

Highcross director, Nick Turner said “Kembrey’s strength is its supply of a wide variety of flexible, high quality space from 400 sq ft suites right up to 70,000 sq ft headquarters buildings.”

Joint agents are Keningtons and Loveday and Loveday.