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News

16 August 2016

Prime site reflects confidence in regenerating business park

Prime site reflects confidence in regenerating business park

Impressively refurbished offices and industrial space on a rapidly regenerating industrial park will provide a prime location for expanding business.

 

Around 23,000 sq ft of office space, is set to be delivered at Lancer House, on Braunstone Frith Industrial Estate, underlining rising confidence in current refurbishment schemes here. The three-storey building is available for sale or letting on a floor-by-floor basis, through leading Leicestershire commercial property specialist Andrew and Ashwell.

 

Lancer House is on Scudamore Road, the main artery of the estate, located just off Leicester’s Outer Ring Road, three miles west of the city centre and half a mile from M1 Junctions 21 and 21A.

 

It is part of a prestigious portfolio of business accommodation developed by Rotherhill Developments. The group revamps commercial property throughout the UK, taking on diverse improvement schemes, from ‘shed’ warehousing and business parks, to in-town leisure complexes and mixed-use schemes.

 

Braunstone Frith is undergoing major redevelopment, with the clearance underway of the huge warehouse and office complex occupied by the British Shoe Corporation, once one of Leicester's biggest employers. Buildings on the 43-acre site have recently been demolished to make way for a massive distribution hub set to create around a million square feet of industrial space.

 

Rotherhill Developments has been closely involved with several successful schemes at Braunstone Frith, having managed the refurbishment of the former 55,000 sq ft BAE systems building on the estate, now occupied by engineering support services provider, Babcock International Group Plc. Rotherhill also remodeled the former Thales premises at 68 Scudamore Road, creating a new, 140,000 sq ft distribution centre for Oadby Plastics to move into in January this year.

 

Formerly occupied by international office equipment supplier Viking Direct, Lancer House provides carpeted, air-conditioned accommodation including a lower ground floor service area, canteen facilities and 64 on-site parking spaces.

 

At the rear of the building is a further acre of land with planning permission for 16,000 sq ft of space for industrial units. Consent is also being sought for a large unit up to 20,000 sq ft. Space is available separately on a design and build basis.

 

With work scheduled for completion in around six months’ time, Rotherhill Director Paul Bagshaw underlined the potential of the accommodation.

 

“These are exciting times for this prime commercial area of west Leicester, as it once again begins to flourish. Lancer House will offer excellently designed space to suit a variety of new occupants seeking high profile premises.”

 

Mike Allwood, Andrew and Ashwell Partner, confirmed the quality and appeal of plans for Lancer House.

 

“This will be an immaculately presented property, perfectly in tune with all the demands of modern day businesses, that will do an expanding company proud. It has the advantage of being set in a commercial environment gaining a fresh lease of life and is also conveniently close to excellent road networks at the heart of the country.”