First letting at Horizon building in Maidenhead

Posted on by John Cronin

A first letting has been secured at a large, speculative office scheme in Maidenhead.

Horizon officeProduct bar-coding and ID specialists Zetes have agreed to lease 13,300 sq ft on the ground floor of the Horizon office scheme in Hurley, Maidenhead. The Grade A rated, 3-storey building offers total floor space of 82,500 sq ft with large floor plates of 28,000 sq ft. The building also includes a cafe/breakout area and shared gym facilities.

Following the letting, 10,995 sq ft of floor space remains unoccupied on the ground floor along with 26,626 sq ft available on each of the upper 2 floors. The building is one of several offices owned by Commercial Estates Group who manage a combined total of 3.5m sq ft of floor space.

The Horizon building has been unoccupied since completion in 2008 and underwent a rebranding and marketing relaunch last November. Although at the time quoted rental prices were £20 / sq ft this first letting has been secured at a rental price of £18 / sq ft. The length of the lease has not been disclosed.

Zetes plan to relocate from offices in Ascot in September after a design and fit-out programme by Maris International is completed. Zetes was granted planning permission for an additional ground floor entrance by the Royal Borough of Windsor and Maidenhead in March.

James Hannay, Senior VP for Northern Europe at Zetes said: “…the company is growing very fast and the office premises and well placed location we have chosen perfectly suits our expanding business requirements.”

Lambert Smith Hampton and Hanover Green are jointly marketing the scheme.

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