ST. MODWEN COMPLETES HEALTHY HAT-TRICK

The North West office of St. Modwen, the UK’s leading regeneration specialist, has completed a trio of NHS deals at three of its sites in the region.

NHS East Lancashire Teaching Primary Care Trust has taken 5,600 sq ft at Petre Court, in one of the five self contained units on the 33,500 sq ft development. Located at Junction 7 of the M65, close to Accrington, it is the biggest of the available units, with the remainder starting at 3,355 sq ft.

In Colne, NHS East Lancashire has paid £750,000 for the former Kwik Save site, where it will develop a £10 million state-of-the-art medical centre.

The new centre will include GP practices as well as mobile surgery units to bring diagnostic and minor operation facilities into the community and work is scheduled to start on site in 2010.

The largest deal is at the Innovation Centre at Blackburn’s Evolution Park, where Blackburn with Darwen PCT took 9,748 sq ft of space on a five year lease, taking the building to 100% occupancy. The centre, located next to the Royal Blackburn Hospital, is aimed at growing businesses in the medical and technology sectors and part of the first phase of the £25 million Evolution Park, Lancashire’s premier medi-park. Space is still available at Fusion House which is also located on the site.

Richard Bakes, development manager at St Modwen, said: “We’ve been in talks with a number of medical and healthcare related occupiers and it is a testament to the quality of space on offer at Petre Court and Evolution Park that we have secured these high profile deals at two of our new business park locations.

“Discussions are moving forward on both sites for further lettings and we are confident that these will come to fruition.”

St Modwen has a number of sites appropriate for the medical and science sector located across the UK.