The region’s leading industrial agents have taken a tour of Henley Business Park, to see for themselves the latest phase to the fast developing employment site.
The impressive two new buildings, developed speculatively by St. Modwen, provide units of 20,800 and 34,000 sq ft. The larger unit is capable of sub division into two units from 12,400 sq ft.
The buildings are the first element of the final phase of Henley Business Park, which has detailed planning consent to build 135,725 sq ft of new B1, B2 and B8 floorspace.
St. Modwen is planning to start work on two more speculative builds on site following the successful letting or sale of these buildings.
Development Director at St. Modwen, Nick Kay said: “Henley Business Park is the proven location for business in Surrey. We have been very pleased with the ongoing success of the park since its inception. This phase is building on that success and we’re pleased that so many well respected agents came to look at this terrific opportunity to acquire high quality floorspace for their clients.”
At 20 acres, Henley Business Park is the largest industrial regeneration project in West Surrey. It was established during World War II as an armaments factory by Vokes Ltd and the company maintained a presence there until the site was acquired by St. Modwen in 2002.
The first phase of regeneration comprised 100,000 sq ft of commercial floor space on expansion land adjoining the old Vokes factory. In 2011 the old factory, which St. Modwen operated as a value for money estate was demolished to enable more new build development. This has included a £3 million building for ALS Petrophysics and a 42,000 sq ft bespoke depot for Meridian Metal depot the UK’s largest independent steel stockholder, which is now fully operational.
Henley Business Park could provide employment for nearly 500 people when the site has been fully developed. The joint letting agents for St. Modwen on Henley Park are David Bowen of Wadham & Isherwood and Tim Clement of JLL.