Regeneration partnership PxP West Midlands has completed
construction of Sapphire Court, the first phase of its £9
million speculative industrial development at Bromsgrove Technology
Park, Worcestershire.
One of the first speculative developments to be completed
in the West Midlands since the economic downturn, and the
largest project undertaken by PxP West Midlands to date, Sapphire
Court features 13 units with a combination of B1, B2 (general
industrial) and B8 (storage and distribution) units, totalling
35,550 sq ft. The units have been constructed to a high standard
offering self-contained, secure and BREEAM 'Very Good' units
ranging from 1,402 to 5,378 sq ft.
Additional hard standing and roads have also be laid around the
6.4 acre site in preparation for future phases, reinforcing PxP
West Midlands' commitment to the long-term programme and success of
the site. When completed, the overall scheme will offer 98,000 sq
ft of flexible industrial units, all rated to a BREEAM 'very good'
sustainable standard.
PxP West Midlands, which is a private-public partnership between
developer Langtree and the Homes and Communities Agency, has worked
very closely with Bromsgrove District Council to bring the
development forward.
Mark Stapleton, managing director at PxP West Midlands,
commented: "We are delighted that construction has been
successfully completed at Sapphire Court bringing 13 brand new,
high quality industrial units to the marketplace. Bromsgrove
Technology Park is distinguished by its prime location and
specialist business community set within an attractive environment.
As such, we were confident from the outset that there were
sufficient levels of interest for us to deliver this scheme
speculatively and were delighted that Bromsgrove District Council
supported our ambitions for Sapphire Court.
"We are marketing these properties for lease and sale and are
pleased to be already in negotiations with a number of interested
parties. We also have outline planning consent for design and build
opportunities up to 40,500 sq ft and look forward to also bringing
forward these bespoke properties as we further enrich the
Technology Park's business community."
Situated to the south of Bromsgrove town centre, Bromsgrove
Technology Park is already a well-established location for
businesses.
Sapphire Court demonstrates the high calibre of property which
PxP is focused on delivering. Each property offers a single loading
door, separate pedestrian access, designated car parking spaces,
toilet facilities, incoming services and intruder alarms. Three of
the units have purpose-built offices of a high specification and
each unit is designed to allow the installation of a mezzanine
floor and additional office content if required. The feature
glazing and extended eaves heights stand these newly built units
apart as a product that is unparalleled in the area.
Bromsgrove Technology Park is located in a prime position
off the A38 at Isidore Road, Aston Fields, in close proximity to
the M42 and M5, providing easy access to the nearby M40 and M6.
Properties at Sapphire Court are available for immediate occupation
and interested parties should PxP West Midlands on 0845 054 0466 or
commercial property agent Thomas Lister on 01527 871 604.