Pictured above: Ian Parker of agents John Truslove, with
Mike Hargreaves, managing director of Coltham Developments, and
Malcolm Jones of KWB
An office development in rural Worcestershire, which has a
special connection to The Archers, is now 65 per cent occupied
after a string of recent deals.
Chestnut Court, Jill Lane, Sambourne, was completed two years
ago on the site of what once was a working farm. Indeed, the former
farmhouse and barns - now converted - are reputedly at the heart of
BBC Radio 4's long running and much-loved series, currently
celebrating its 60th anniversary.
The first episode was reputedly recorded there and, it is
claimed, there is even a local farmer called Grundy - the Grundys
being famous characters in the soap opera.
Built to a high specification, Chestnut Court, a Coltham
Developments scheme, offers two-storey self-contained courtyard
offices in a village location.
The offices are considered ideal for occupation by small and
medium sized companies.
The complex got a big boost when KiddiVouchers, which currently
supplies more than 5,000 employers with childcare vouchers,
switched its headquarters there.
It took five units, totalling 7,875 sq ft of high quality
space.
Previously at Inkberrow, the move enabled the company to stay
located within the Worcestershire area.
Other new occupiers include Scaramanga Design, Nortech, Innov8,
Autogas, Offtek and Capita.
Units range from 1,575 sq ft up to 7,875 sq ft for owner
occupation or as a buy-to-let investment. Occupiers are also
offered the opportunity to 'try before you buy', renting first and
buying later.
Junction 3 of the M42 is within a ten minute drive of the
premises.
Ian Parker, a partner with Redditch-based John Truslove, joint
agents, said: "It is a wonderful site and a real opportunity for
small and medium sized firms to get on the ladder, either owning or
letting.
"We were always confident it would go well. We now have just
seven units left - they are being taken up fast."
Malcolm Jones, of Birmingham-based KWB, the other joint agents,
said: "Despite all the economic difficulties, 2010 was an excellent
year for Chestnut Court, with a string of new arrivals.
"We continue to get good levels of interest and we are speaking
to a number of parties."
Mike Hargreaves, managing director of Birmingham-based Coltham
Developments, said: "It offers lovely premises, plenty of fresh air
and a quiet, green environment yet with easy connection to the
motorway network. It is a gem.
"The occupants love it. We are very pleased with the results to
date. People like our flexibility - we will sell or rent and deal
short term and long term."
The site is five miles south of Redditch and four and a half
miles north of Alcester.
Coltham Developments is headed up by Mr Hargreaves and
co-director Andy Ruhan.
During the last three years it has completed projects with a
value in excess of £100 million, creating more than 1,500,000
sq ft of floorspace. The vast majority of schemes are undertaken
exclusively by Coltham Developments and financed from internal
resources.