LSH to market Bracknell offices

Posted on by John Cronin

Property agents Lambert Smith Hampton (LSH) have been appointed to market a large office scheme in Bracknell.

5 Arlington SquareGuernsey based property investors Mapeley have instructed LSH to market 5 Arlington Square, Bracknell, a 96,900 sq ft office scheme. The building is located in the 22-acre Arlington Square Business Park (website) and is one of four existing Grade A office schemes at the site.

There is approximately 30,000 sq ft of vacant space in Building 1. Serviced offices provider Regus has a centre at 2 Arlington Square. Building 3 offers in excess of 50,000 sq ft of floor space over 5 floors and Building 4 offers 74,000 sq ft of floor space on a pre-let basis.

Arlington Square is one of a number of business parks managed by specialist operator Goodman. The property company has a portfolio of office-based schemes, science parks, industrial estates and distribution centres across the UK. Goodman refurbished the offices at Arlington Square in early 2010 and the business park has previously won a National Landscaping award.

5 Arlington Square was constructed in 2005 and has previously been part-occupied by global software company Oracle. The 4-storey building includes a high specification, tier 2 data centre and as such the agents believe the building is ideally suited for prospective tenants working in the IT, telecoms or media sectors. Other tenants in the business park include Novell, Fujitsu and Broadcom.

LSH are marketing the building to let as either headquarter office accommodation or as whole floor suites offering floor space of 24,000 sq ft. Agents Knight Frank have also marketed the building at a published rental price of £25 / sq ft.

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