The recently completed 82,000 sq ft final phase of St. Modwen’s 310,000 sq ft Henley Business Park near Guildford has attracted more leading businesses to the development with award-winning events and technology business, The Technical Department, taking a 6,300 sq ft unit on a 10-year lease.
Guildford based, The Technical Department, which has provided power to the events industry for over 30 years and has supported hundreds of successful and memorable events worldwide including the 2012 Olympics, joins Hydronix, the world’s leading manufacturer of digital microwave measurement technology, in the final phase.
St. Modwen, the expert developer and regeneration specialist, only completed the extension in November and with a further letting in solictiors hands this brings the total in this final phase to 24,500 sq ft let and just three units remaining.
Henley Business Park is the largest commercial regeneration project in West Surrey and Senior Development Manager at St. Modwen, David McGougan said: “St. Modwen has always had great confidence in this regional market. The business park now has a total of 310,000 sq ft of floor space developed in 25 buildings with all the first three phases fully occupied. The Technical Department letting on the back of the Hydronix deal in the final phase caps this and reinforces that Henley Business Park is becoming a real technology hub and is undoubtedly the proven location of choice for businesses in Surrey.”
Jerry Singleton, Director of The Technical Department, commented: “High specification industrial and technology space is difficult to find across the region. This deal with St. Modwen is great for our long term business growth as we atre doubloing our space capacity. It’s a proven location with excellent access and yet close to Guildford. We have a modern high-quality unit which really suits our needs.”
Henley Business Park was established during World War II as an armaments factory by Vokes Ltd and the company maintained a presence there until the site was acquired by St. Modwen in 2002. When fully occupied, the Business Park will provide employment for around 500 people.
Churchod & Co and JLL are the joint letting agents for Henley Business Park. Kingstons (Guildford) acted on behalf of The Technical Department.