Agents appointed on Abbey Park office development in Warwickshire

KWB and Bromwich Hardy have been appointed as joint agents to market the first phase of a major Warwickshire office development which is expected to create some 350 new jobs.

The new 34,000 sq ft grade A office building at Abbey Park, an established business park at Stoneleigh in Warwickshire, will be the first phase of an eventual 128,000 sq ft office development.

The new high specification office building will be located on a 40 acre landscaped office campus, set within hundreds of acres of historic grade II listed parkland, almost equi-distant to Warwick, Leamington, Coventry and Kenilworth.  Nearby occupiers on Abbey Park include AGCO (formerly Massey Ferguson) and The British Horse Society.

Mark Robinson, Director in KWB’s Birmingham-based Office Agency Team, says: “Warwickshire is a highly sought after office location for international, national and regional occupiers, with many big name companies already based in the county.

“This new oven ready development at Abbey Park will provide the high quality and specification of building, and size and flexibility of floorplate required by major office occupiers.  Design, planning and procurement are all in place to start construction as soon as we sign an occupier,” he explains.

“Confidence in the county’s economy and business outlook is high, and this new development will tap into that.”

Abbey Park is just 15 minutes’ drive from Warwick, Leamington, Coventry, Kenilworth, and Junction 15 of the M40, and close to both Coventry railway station and Warwick Parkway railway station, which provide links to Birmingham and Coventry Airports.

“Abbey Park is a beautiful tranquil location, less than three miles from Jaguar Land Rover’s Global Headquarters, which offers high quality architecture coupled with everything a modern business requires, such as excellent IT connections.  With strong recent take-up, this area has a real shortage of available quality offices, so we expect interest to be strong,” says David Penn, Partner at Bromwich Hardy.

The new office building at Abbey Park is available leasehold at a quoting rent of £19.50psf, though freehold offers may be entertained.  Design and build opportunities from 15,000 sq ft are also available.