A Gloucestershire business campus has opened close to the Cheltenham and the M5's junction nine.
Agents from the South West and West Midlands visited Grange Park to hear from the investor behind the multi-million pound improvements.
The 185,000 sq ft campus has already achieved a new letting to insurance business Polo Works and attracted the flexible workspace provider Regus.
The green site on the A435 at Bishop’s Cleeve, a short drive from GCHQ, has been reimagined as a people first mixed use campus. It is set among 14 acres of parkland and the main building, The Grange, has achieved an Energy Performance Certificate (EPC) rating of A.
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Birmingham-based financial services mutual Wesleyan owns Grange Park and is funding the ongoing project to create an attractive, green, modern destination for businesses and other organisations looking for a better environment for staff at a fraction of town centre rents.
Wesleyan head of property Joe Curlett, who manages the mutual’s commercial property investments, told the agents: “We are very excited about what we have already created at Grange Park and are pressing on with Phase 2 to bring more space to the market.
“When 200 business leaders were asked in a survey this year for the top four features they want in new offices, they were: modern office design; flexible lease terms; competitive rent; and staff wellbeing facilities.
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"Grange Park ticks all those boxes and then some. Our new offices are modern, leases are flexible, the rent is very competitive and our ‘people first’ approach is everywhere inside and out in our tree-filled parkland. And the greenery is not just living all around us. Our major building The Grange has just been awarded an EPC ‘A’ rating, which is outstanding for a large office building and is a huge green tick for our environmental ethos.”
Ian Wills, from Grange Park joint agent JLL, added: “We were very proud to show the agents the newly refurbished reception, internal street and office space in The Grange and can confirm that Regus will open shortly in The Manor.
“Grange Park is now able to provide space from one desk to 1,000, for one month up to 15 years. Achieving an EPC ‘A’ is a fantastic achievement and makes this some of the most energy efficient office space in Gloucestershire.”
Rents at Grange Park are up to 50% less than equivalent space in the town centre. And The Grange’s 60,000 sq ft floor plates are some of the largest in the South West, according to the developer.
Richard Crabb, from THP, said: “Since Wesleyan started their investment in Grange Park, we have let more than 26,000 sq ft and have another 8,000 sq ft under offer. With the Phase 1 refurbishment just completed, including a great new reception and atrium areas and more investment to come, the site has quickly become a popular business destination."
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