The Reading Office Agency team of national commercial property consultancy, Lambert Smith Hampton (LSH), has won a new instruction to market RO Development’s Manor Park office scheme in Reading. RO Developments has appointed the LSH team alongside Knight Frank to jointly market the 63,728 sq ft of available built office space at One and Two Manor Park, as well as a 15,300 sq ft pre-let opportunity at Four Manor Park.
Manor Park is a modern business park on Basingstoke Road, close to junction 11 of the M4. The scheme offers office space from 2,000 to 63,728 sq ft, with One Manor Park being brought to the market following an extensive refurbishment. Part has been let and, as a result, it now offers 12,728 sq ft of grade A office accommodation with modern plant andequipment, energy efficiency and low running costs. Two Manor Park offers a 51,000 sq ft building available by way of a new lease or freehold, and offers a bespoke HQ office solution.
Nick Coote, head of LSH’s Reading office, commented: “Manor Park ticks a lot of boxes when it comes to occupiers’ preferences when relocating their offices. The scheme’s proximity to the motorway network as well as the town centre make it an attractive proposition for businesses looking to relocate to or within Reading. The nearby amenities allow Manor Park to compete with many of its counterparts. These amenities include one of Reading’s leading business hotels, the Hilton, which boasts eight meeting rooms and one large conference room, sauna and indoor pool, as well as an on-site restaurant and bar, with a supermarket and retail park also close by.”Nick added: “This instruction at Manor Park increases our footprint in Reading’s out of town office market following the team’s recent appointment by SEGRO at IQ Winnersh. We have also completed or agreed more than 60,000 sq ft of office transactions in Reading’s out of town market since the start of the year.”
Richard Bourne, development director at RO Developments commented: “We expect the remaining space at Manor Park to be taken very soon. Manor Park is an example of RO’s strategy in recent years, which has been to refurbish well located buildings and create Grade A space that will continue to see occupier demand regardless of the economic climate.”
More information about Manor Park can be found at www.manorpark-reading.co.uk
