Nottingham Business Park refurb caters for demand

Refurbishment works at a popular Nottingham business park have recently been completed, providing the largest single office floor plate in the East Midlands.

Waterfront House at Beeston Business Park now offers around 65,000 sq ft of Grade A office accommodation on a mixed-use development. Beeston Business Park is a 48-acre site providing a mix of industrial and office accommodation with a variety of existing occupiers. It was bought in a joint venture between Bridges Fund Management and Chancerygate in 2015, who have carried out extensive refurbishment on the advice of joint letting agents Innes England and FHP.

Located to the west of Nottingham city centre, the park benefits from Enterprise Zone status and excellent transport links. Beeston train station is located on the site itself, providing a direct route into London St Pancras and Nottingham City Centre. In addition, the business park offers excellent on-site car parking, lying outside of Nottingham’s Workplace Parking Levy.

Modern and flexible office space in a strategic location

‘Nottingham offers a high-quality workforce of over 1.1 million people within its recruitment catchment area,’ says Craig Straw, Director at Innes England. ‘The city leads the way in a number of industries, including financial and business services, creative and digital, life sciences and advanced manufacturing. Waterfront House offers modern, flexible open plan floorplates in a strategic location between the motorway corridor and city enabling occupiers to benefit from this talented labour pool which is continuous feed from the city’s two world-class universities home to 60,000 students.'

Mark Tomlinson, Director at FHP commented: ‘We are delighted to bring forward such a substantial floorplate to the market to cater for the demands of regional and national occupiers.  Nottingham is experiencing a lack of office supply and this property offers a ready-made solution for occupiers with larger space requirements who may be struggling to find suitable relocation/expansion options within the region.  We have a total of 65,000 sq ft of fully refurbished space available within the building which can comfortably accommodate staff members of 800 plus.  The space can also be broken down into smaller requirements from 15,000 sq ft upwards.'

Rory Finnan of Chancerygate, one of the owners of the scheme added: ‘This is a significant milestone in the evolution of Beeston Business Park.  By undertaking a comprehensive refurbishment of the building, we are offering grade A quality floor space to the market to attract new-comers to the business park to join existing occupiers, ATOS and SMS. We are about to finish the demolition of old buildings on the rest of the park which has planning consent for 310 residential unit and will shortly be selecting a residential developer to undertake this scheme. Both elements will bring regeneration and employment opportunities to the local area.