NG in Geneva Office Letting at Sherwood Park
6th November 2013
NG Chartered Surveyors has let a 3,750 sq ft Grade A Office Suite within the Geneva Office Building on Sherwood Park.
Jonathon Seddon, who completed the deal on behalf of landlord, Highbridge Developments, said: “We are fortunate with regard to our marketing of the Lakeview scheme as its virtues are immediately apparent to prospective occupiers as soon as they drive onto the scheme; the setting is attractive, the quality of the units shines through and it also offers occupiers a generous amount of parking, so often the Achilles Heel of out of town schemes. The fact that the location is superb for the motorway and it’s outside of the unpopular Workplace Parking Levy is an added bonus.
Sherwood Park is acknowledged as one of the UK’s premier business parks and provides a unique working environment, being set amongst ornamental lakes and tree lined avenues. It is home to a thriving business community of headquarter office buildings, leading edge manufacturing facilities and call centres with occupants including Rolls Royce, Prolog, Eon, Pendragon, Zeppelin and L’Oreal.
Garry Ward, Director at Highbridge Developments, added: “This is one of a flurry of deals we have recently completed on the Lakeview Campus and its sister scheme, H2O. We are in ongoing discussions with several companies regarding other units, so hope to be announcing other deals shortly.”
Following the completion of this letting, NG has put the fully let building (the Honeywell Computers subsidiary, Matrikon, being the first floor tenant) up for sale at a quoting price of £750,000. Jonathon added: “It’s not often that investors get an opportunity to purchase investments along the motorway corridor at this lot size, so we expect strong interest from small property companies and individuals wanting to benefit from the strength of this booming market sector.”