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19.09.06

STRONG BUSINESS HOMES SALES IN STEVENAGE

Demand has been so strong for Business Homes’ pioneering new office scheme - Arlington Business Park - in Stevenage, that the company can announce that there are now only three buildings remaining for sale.

Specialist small business office space developer, Business Homes Ltd has launched this new development, located in what is known as a significant property hot spot in the region.

Purchaser, Pat Perry from Perry Scott Nash Associates said: “We chose Business Homes because we could buy our unit. The site is very prominent and the quality of what Business Homes provides is better than anything else on the market.”

The development will provide eight buildings with sizes available from 1,324 and 6,168 ft² (123 – 573m²), all of which will be two-storey and self-contained. It will benefit from having ample car parking facilities as well as 24hr CCTV security, tailor-made telecommunications and connectivity to suit.

James Scott, Development Director at Business Homes said, “We are extremely excited to be the company to meet the demand in this area for high quality business office schemes. From the start, we found interest in this development to be very high and out of the eight buildings available, all but one are either sold or under offer. This is remarkable seeing as the first phase is only due for completion in the next month.”

True for all Business Homes’ schemes nationwide, the buildings boast a Grade A quality standard. The development is also one of only a handful in the area that caters for the smaller occupier and gives the choice of being able to buy or rent buildings.

James Weedon from agents Cushman & Wakefield said: “Stevenage has suffered in the past with only having second quality ‘60s and ‘70s office accommodation, which does not cater for small to medium sized enterprises. Business Homes has seen the demand and is filling the gap by providing high quality, tailored office space to small but substantial businesses. New occupiers have accommodation with their own front door, which increases their profile, on a site that has excellent road and rail links. The A1(M) junction is just minutes away.” (APPROVED)

The site is just a 15 minute walk away from the nearby train station with the shopping centre and all its facilities, a retail outlet and hotel less than five minutes away.

With over ten years experience, Business Homes Ltd, who specialise in offering high quality premises with the flexibility of leasehold or freehold investment opportunities, are an established developer providing office, industrial and hi-tech units in business park locations throughout the UK.

Offices will be available from winter 2006.

Enquiries should be made to James Scott, Development Director; at Business Homes Ltd, 4240 Park Approach, Thorpe Park, Leeds, LS15 8GB, Tel: 0870 441 2222 or through agents Cushman & Wakefield on Tel: 0207 935 5000 or LSH on Tel: 01727 834 234.

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Business Homes’ executive office accommodation, Stevenage

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