21 January 2010
MARITIME BUSINESS CENTRE, OSPREY QUAY
Acting on behalf of Tidebank UK Ltd and Highglade Properties, Holloway Iliffe & Mitchell have put together a new speculative development to be known as Maritime Business Centre at the busy and prestigious newly developing Business Park at Osprey Quay Portland. In total, Osprey Quay will provide 535,000 sq.ft of mixed use development along with a Marina in an attractive landscaped setting, which already accommodates the Weymouth and Portland National Sailing Academy and ready to host the 2012 Olympics.
The development will comprise 16 light industrial units plus a further self contained office block, in total providing approximately 25,000 sq.ft.
The industrial units will be designed to BREEAM excellent rating, all self contained and many units having secured yards.
Whilst the transaction has only recently been completed, 10 of the 16 units are reserved and significant interest is being expressed on the remaining industrial units. Furthermore the office building, which will have panoramic views across Portland Harbour and the Marina is available as a whole or small suites.
The joint developers and agents will be pleased to receive further enquiries on the remaining units which are available for sale or on new leases; full specification and details can be provided on request.
Stuart Mitchell comments “this is a good sign that confidence is returning to the speculative development market which has been somewhat stagnant over the past 18 months and shows significant commitment and confidence in the new development undertaken at Osprey Quay.
Barrie Jones, Director at Highglade Properties Ltd, commented “We have already had a lot of interest in the units at the Maritime Business Centre on Portland, including local companies who are looking to move to these fantastic new facilities once they’re built. The development follows our theme of similar schemes we have developed along the South Coast, which have proved highly popular with local occupiers due to their size, quality of their design and build when combined with a sensible price or lease package.”
Kevin Jones, Director at Tidebank UK Ltd added “The development is part of the much larger Osprey Quay scheme and is a prime location for any marine-based business. The Maritime Business Centre represents over £2 million of inward investment into the local economy and will go a long way in creating jobs in the area. It also shows our confidence in Osprey Quay being at the forefront of the regeneration of Portland and Weymouth.”
Please contact us for further information.