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ST. MODWEN CONTINUES TO PROGRESS HENLEY BUSINESS PARK

St. Modwen – the UK’s leading regeneration specialist – has completed its latest ‘design and build’ at Henley Business Park, near Guildford – the first on the park’s third phase of development. The £1.45 million building is for Kirk Petrophysics – the leading provider of core-related wellsite, laboratory and data management services to the international oil and gas industry – which already occupies 23,629 sq ft of space at the park.

The third phase of the park is being developed on the site of the former 225,000 sq ft Vokes factory, which St. Modwen had previously been operating as a value for money managed industrial estate. It was demolished in Easter 2012 creating a 12-acre plot for the bespoke building.

Nick Kay, Development Director at St. Modwen, said: “Henley Business Park really is the ‘Proven Location for Business’ in Surrey. In the last 12 months, in addition to Kirk Petrophysics doubling its space we also sold six rack rented units to Threadneedle. This continued momentum is testament to the outstanding accessible location and quality of setting.

“Last year was exceptionally strong for Henley Business Park. We have already had serious interest in the next bespoke building and hope to agree terms with our next occupiers shortly. We ensure that the process of delivering bespoke buildings is made as simple as possible for our clients allowing them to focus on running their businesses.”