October 7, 2014
A new 68,000 sq ft speculative office scheme has been announced for Slough Trading Estate, arguably the most famous trading estate in the country; home to Ricky Gervais’ ‘the Office’. Although Slough began life as an industrial trading estate, it now accommodates numerous corporate offices, and is one of the UK’s most popular headquarter locations for multinational companies, including Mars, Stanley Black and Decker, O2, and LG. The latest development forms part of the ongoing redevelopment of the Trading Estate to ensure it continues to remain a draw for business. The new site, at 234 Bath Road has already secured planning permission and is due to commence in November with completion set for Spring 2016. According to developer SEGRO the offices will feature large floorplates offering grade A office accommodation ranging in size from 22,000 sq ft – 68,000 sq ft, which can be let to a single company or multiple occupiers.
The design of the building includes a spectacular double height entrance to provide a real sense of arrival. The development will also include 223 car parking spaces. A BREEAM ‘Very Good’ rating is targeted, retaining the basement and large elements of the podium and frame structure has reduced carbon consumption and environmental impact.
Gareth Osborn, Business Unit Director for Thames Valley at SEGRO, said: “The launch of 234 Bath Road underlines our confidence in the market for this type of product in a location which remains attractive to customers. The Thames Valley office market has seen a fall in the availability of grade A accommodation and the new development at 234 Bath Road is well placed to meet occupier demand.
“This latest speculative development forms part of the ongoing wider redevelopment of the Slough Trading Estate which remains a world class location for businesses operating in a range of sectors and disciplines.
“With its proximity to major road, rail and air hubs and with the planned arrival of Crossrail, the Trading Estate is one of the most accessible locations in the South East, making this a particularly interesting choice for international businesses.”
JLL and Savills are the leasing agents for 234 Bath Road.