Electronics firm ALR Services has moved into a major industrial unit at Thame Park Business Centre, Thame.

The company, which is one of the largest brokers of printed circuit boards in Europe, has taken a 5,608 sq ft facility on a ten-year lease.

Duncan May, associate director with agent Lambert Smith Hampton, said the firm, formerly based in Chalgrove, was in the process of receiving approaval to supply the aerospace industry and made the decision to upgrade and expand its premises.

He added: “This deal demonstrates that competitive rents are still achievable in a difficult market, and with Unit 16 also under offer, there are signs of improvement in the market.”

A stepped rent, rising from £26,000 in year one to £36,000 in year five has been agreed.