Langley Park is a 48 acre industrial estate which currently generates £2.5 million ($4.7 million)of annual rental income from 815,000 sq ft of multi let industrial and office space. This implies a net initial yield of 7.18%, although the rent roll is expected to rise to £2.6 million ($5 million) a year once agreed lettings have been completed.

In addition, the local council has already approved a development brief for the redevelopment of around 17.25 acres of Langley Park into a mixed retail and residential scheme. Developers, food retailers and housebuilders have already expressed interest in the project.

Ian Watson, joint chief executive of Ashtenne, said: "Langley Park is a great property with a number of exciting possibilities. It is effectively in Chippenham Town Centre and can make a meaningful contribution to the future development of the town. In the meantime it has a decent and increasing yield."