ST. MODWEN STARTS FINAL PHASE OF WAREHOUSE DEVELOPMENT IN WORCESTER

St Modwen has begun building three industrial and logistics units, totalling 94,545 sq ft, at its Nunnery Park development in Worcester.

The units form the final phase of construction at the site which St Modwen is expanding after obtaining planning permission from Worcester City Council in April 2019. The wider expansion of the 20-acre park is expected to create more than 130 new jobs.

Nunnery Park is home to the UK Storage Company, Auto Support and Supra UK, as well as to Kentucky Fried Chicken, a Greene King pub, petrol station and convenience store.

The new industrial units, between junctions 6 and 7 of the M5, are expected to be ready for occupation next spring.

James Irwin-Singer, Development Manager at St. Modwen, said: “The popularity of Nunnery Park is down to sustained market demand for strategically-located warehousing and industrial space in Worcestershire. Developing three further units will allow us to meet the needs of potential occupiers and expand what is already a quality offering.”

Perspectum takes space at Oxford Business Park

Life science company Perspectum has signed a 10-year lease on 24,257 sq ft of space at the newly-refurbished Building 5520 at Oxford Business Park, owned by Arlington.

The move enables Perspectum to house its Oxford employees under one roof and to keep growing. The firm develops solutions for the identification and monitoring of metabolic disease and cancer.

BNP Paribas, VSL & Partners and Lambert Smith Hampton advised Arlington. Freeths and Bidwells advised Perspectum Diagnostics.

Outdoor plaza for Cheltenham’s Quadrangle gets the nod

Designs for a new plaza space outside the Quadrangle building in Cheltenham have been approved by Cheltenham Borough Council.

Consent for the refurbishment of the mixed-use building next to the Town Hall was granted in April 2018.