Park marks completion of flagship building’s multimillion-pound refurb
A multimillion-pound refurbishment of Chadwick House, on Birchwood Park, has been completed.
The park has experienced continuous growth over the past six months, leasing more than 25,000 sq ft of space, including 42 renewals and welcoming 13 new companies in its small suites alone.
This success has led to a 98% occupancy rate and Birchwood Park enjoyed an impressive renewal rate exceeding 95%.
Recognised as one of the UK’s most successful nuclear hubs, Birchwood Park continues to attract and retain leading businesses in this sector.
The small suites’ flexible lease terms have proven to be invaluable for businesses such as, technical solutions provider Cerberus Nuclear and architectural and interior design practice, DV8 Designs.
Accommodating their dynamic teams and project demands, the park’s small suites enable occupiers to leverage flexibility to scale their operations seamlessly, providing the perfect scalable solution.
The refurbishment of Chadwick House, a landmark project for the park’s flagship building, was undertaken in partnership with OBI Property and main contractor Fado.
Linda Welsby, Leasing Manager for Birchwood Park, said: “We’re thrilled with the continued popularity of our small suites for business looking for flexible office spaces for growing teams. The high occupancy and renewal rates reflect the quality of our spaces and our dedication to creating a vibrant community for our occupiers on the Park.
“Alongside news of new occupancy, we’re incredibly proud to see the next phase of the Chadwick House refurb come to fruition, too. This project reinforces our commitment to providing diverse and flexible workspace options for all our occupiers.”
With a wide range of warehouse and office spaces available, including flexible small suites designed for growing businesses, the park said it is hoping to continue to welcome new occupiers throughout the rest of the year, while maintaining its strong retention rate for 2024.
