Barkby Group PLC announce that it has exchanged contracts on a property development site in Swindon, Wiltshire. The Company is now in legal negotiations with prospective tenants who will enter into pre-let agreements for occupation at completion of the development. It is proposed that the Company will develop a 30,000 sq. ft. mixed-use retail and trade scheme at the site. Under the proposed development, the site has an estimated gross development value of £7.5 million. This adds to existing proposed schemes at Wellingborough, Maldon, Huntingdon and Saffron Walden which the Company is currently developing. The Company is in advanced negotiations to add to its development pipeline and will be making further announcements shortly.