Gloucestershire business park sells out

Posted on by John Cronin

A business park in Gloucestershire is set to expand following the sale of the last remaining office building at the campus.

Stonehouse ParkThe final office scheme of the 3rd phase of the Stonehouse Park scheme in Stroud (pictured) has been sold and a 4th phase is now to be developed.

The sale of the 3,425 sq ft building, named 702, was sold by Alder King Property Consultants to a private investor. Having sold or let the existing 17 office buildings on the business park, developers Robert Hitchens now plan to develop a further 4 buildings that will offer 22 self-contained office suites.

The new 2-storey office blocks will comprise of suites offering floor space from 1,820 sq ft up to 4,450 sq ft. Whole floor and building layouts are also available. The offices will be available for outright purchase or lease on either a pre-sale or pre-let basis. Headline rental prices have not been disclosed.

A spokesperson for Robert Hitchens comments (pdf link): “No one can believe how successful Stonehouse Park has been since we began construction.  It has established itself as a high quality business park and is the top choice for companies searching for quality office space in the area.”

Hitchens have a second office development in Stonehouse at their nearby Bond’s Mill development. A range of converted mill buildings offer various sized offices, workspaces and a modern warehouse unit. Rental prices for office suites vary from £3.50 / sq ft up to £10.50 / sq ft.

Marketing agents for Stonehouse Park are Alder King.

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