Major Refurbishment Generates Lettings at Abingdon Business Park
Abingdon Business Park announces a series of lettings following major regeneration and extensive building refurbishment.
Rockspring Property Investment Managers LLP (“Rockspring”), together with their joint venture partner XLB, have agreed a letting of Unit 5 Hitching Court comprising 3,001 sq ft of office accommodation to ACE Centre. The UK Charity has taken a 5-year lease at a rental of £17.25 per sq ft.
ACE Centre is a charity supporting people of all ages with communication difficulties. The business will move from Jericho Farm Barns in Cassington to occupy their new premises at Abingdon Business Park in May 2017 following a comprehensive fit-out.
Martin Fisher, Team Leader at ACE Centre explains: “As part of our contract with the NHS which covers the Thames Valley and Wessex as well as the Isle of Wight, our new premises at Abingdon Business Park provides us with better access to our client base in the South.”
Distribution specialists, United Parcel Service or UPS Ltd has taken a 10-year lease on industrial space at Unit 28 Blacklands Way, comprising 4,003 sq ft at a rental of £8.25 per sq ft which will be used for commercial vehicle maintenance, repair and storage.
As a result of continued business growth Gigaclear, the pure fibre ultrafast broadband provider, has taken a further 5,907 sq ft of office space at Windrush Court. Mike Surrey at Gigaclear plc explains: “It is a very exciting time for Gigaclear, we continue to grow our network including major contracts with connecting Devon and Somerset and Fastershire. The decision to base our headquarters at Abingdon Business Park was definitely the right one, as the expansion of our network has led to an increase in staff, and to be able to expand our HQ space without having to move is invaluable.”
Richard Bains, Partner at Rockspring explains: “Abingdon Business Park continues to go from strength to strength with these deals reflecting the versatility of the accommodation on offer to local businesses. We warmly welcome ACE Centre and UPS to the Park. We wish them many years of success and offer our congratulations to Gigaclear which is clearly thriving. It’s been an exciting time at Abingdon Business Park following considerable investment and major refurbishment at the Park. We are delighted that businesses continue to relocate here from outside the county and we continue to attract businesses of all sizes from start-ups to multinationals to locate to the Park.”
Abingdon Business Park is a 50-acre mixed-use scheme comprising 360,000 sq ft of office, R&D and industrial property. With over 2,000 people employed on the site is home to prestigious companies including UK Mail, Orchid Cellmark, Taylor Wimpey, Howdens and Gigaclear.
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