Grove Business Park has launched the latest phase of commercial properties at the 32-acre commercial development in Wantage, Oxfordshire.
The new development, known as GBP1, totals 35,962 sq ft (3,341 sq m) and provides a mixture of industrial and two-storey office/hi-tech accommodation in ten self-contained units.
Two of the units, totalling 11,364 sq ft (1,056 sq m), have been pre-sold to Astrosystems Ltd, an existing occupier on Grove Business Park. The bank-note reader and coin validation business has relocated its operation to the GBP1 phase.
The remaining properties, which range in size from 1,975 sq ft (183 sq m) to 6,755 sq ft (628 sq m), are available on new leases or for sale.
Richard Lyall of Grove Business Park said, “GBP1 is an important milestone in the regeneration of the business park. The new properties provide best in class accommodation that provides businesses with flexible and adaptable space suitable for a wide range of business operations, from offices, R&D and laboratory space through to light manufacturing, assembly and storage.”
The properties have been designed with the ground floors either configured as warehouse space with an eaves height of six metres or in the smaller hi-tech units in a ‘shell’ finish to allow them to be fitted out to meet specific operational needs. Each property has first-floor office accommodation.
David Williams of letting agent Bidwells in Oxford said, “Being situated in an area recognised for science and technology, Grove Business Park is an increasingly important location for SMEs and fast-growth businesses. The new phase, GBP1, has been designed to meet the occupational needs of such companies by providing buildings that can be adapted and made suitable for a wide range of operations.
“The business park is already home to a wide spectrum of business and the new properties are already generating interest from other companies from the local area and across South Oxfordshire,” he added.
Debbie Malin, General Manager of Astrosystems said, “When the new phase at Grove Business Park was first announced, we realised that it presented a great opportunity for us in terms of creating a headquarters modern facility that could fulfil the precise needs of our business. The development provides presents us with superb superior accommodation in a highly accessible location, making it ideal for our staff and our customers."