Smiths News has chosen the Rowan office building in Kembrey park for its new head office following expansion.
Commercial agents Loveday let the 27,733 sq ft building to the newspaper and book wholesaler on a 12 year lease.
Tye Lohrenz, property and facilities manager at Smiths News said: “In the past three years Smiths News PLC has made several large acquisitions which required a review of the future structure of the company.
"The imminent end of our lease at Wakefield House gave us the opportunity to look at re-organising our head office function in a new location. It was important that we stayed in the Swindon area to retain staff, so following a review of available properties, Rowan House was chosen as a well presented building that offered us the flexibility we required in a well-managed park with amenities that would benefit our staff.”
The Rowan building is one of the largest office buildings on Kembrey Park, which is run by property fund manager Highcross. Built around a landscaped central courtyard, the two-storey, air-conditioned office scheme also has more than 100 car parking spaces.
Nick Turner, asset management director at Highcross said: “Smiths News is one of Swindon’s leading companies and we’re delighted that it has selected Kembrey Park as the location for its new headquarters in the town. With its self-contained, high quality, refurbished office space and prominent location, the Rowan building met the company’s growth requirements, and offered the additional benefit of access to the park’s extensive on-site facilities.”
Joint agents for Kembrey Business Park are Loveday and Keningtons.
Smiths recently renewed its wholesale contract with News International securing a £40m deal over five years.
