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Go-ahead for Henley Business Park first phase

St Modwen Properties PLC has obtained planning consent for a 99,000 sq ft industrial / warehousing development on its 25-acre Henley Park Industrial Estate at Normandy, near Guildford. A start is planned before Christmas on the first phase of 66,000 sq ft which will comprise nine units ranging from 3,500 sq ft to 10,000 sq ft.

There is strong interest already from local businesses. Practical completion is anticipated in summer 2006. The remainder of the estate, previously owned and occupied by Vokes who remain a tenant of part of the property until next year, is being operated as a St Modwen managed estate. It has recently attracted three new tenants, Bebiniq Ltd, Durrants and A. Hing which have taken between them more than 7,500 sq ft of accommodation.

Paul Arnold of St Modwen, said: “We are very excited that we can now commence the first phase of small/medium size units that would appear to be in great demand from the local business community.”

Vail Williams is the letting agent.

For further information contact Paul Arnold on 020 7499 5666.

Issued by Paul Raymer of Howle Chapman Raymer (0121 236 7771).