Construction of Leicester’s first large out of town speculative office development for more than 10 years is set to start soon, national commercial property consultancy Lambert Smith Hampton (LSH) has announced.
Three Grade A, two-storey office buildings, totalling around 30,000 sq ft, will be built on a two-acre site at Watermead Business Park, Syston, by Marlborough Property Company.
The 63-acre Watermead Business Park is situated in North Leicester adjacent to the A46, which provides easy access to Nottingham, Derby and Loughborough. It is also just 15 minutes’ drive from J21a of the M1 and 30 minutes from East Midlands Airport.
High profile occupiers at the site, which is an ideal location for company headquarters, include LaFarge, Dunelm Mills, Bentley , Flogas and Amec.
The new, speculative office development will be marketed by LSH.
Jane Taylor, office agency director at LSH in Leicester, said: “This will be the first speculative office development of more than 10,000 sq ft out of town for over 10 years and it represents a major vote of confidence in Leicester as a destination to attract high quality office occupiers.
“It is an exciting development and one which I am sure will prove to be popular as it will offer Grade A accommodation in a fantastic location, adjacent to Watermead Country Park, with first class transport links and excellent parking provision. At this stage we are still able to tailor buildings to meet specific occupier requirements and invite interested parties to discuss their needs with us. The offices are expected to be completed in spring 2014.”
