Six new-build units snapped up at business park
Six new-build units at a Somerset business park have been snapped up.
Acting on behalf of KMW Trading, property consultant Alder King has recently disposed of the units in Block J on Oak Tree Business Park in Highbridge.
Block J, a small scheme of 14 new build units, is now 85% occupied, with just two units of 2,500 sq ft remaining.
The first units to be taken were Units J7 and J12 which were acquired by the privately-owned Aerofin Laboratories. Established in Burnham on Sea in 2006, Aerofin is one of the leading laboratories associated with the testing of surface finishes, carrying out tests for clients in the aerospace, automotive, aviation, construction and power generation sectors. Aerofin acquired the freehold of both units, which total 2,340 sq ft, to facilitate its continued growth.
The third unit to go was Unit J2a which was acquired by commercial contract cleaners Green Machine. The unit will become home to the firm’s existing Highbridge contract cleaning team as well as its new luxury motorhome rental service Green Machine Campers.
The other three units have been let to Studio Essence, The Scotch Egg Company and the animal charity Secret World Wildlife Rescue.
Studio Essence, a local pole and aerial fitness centre, has taken the 2,040 sq ft Unit J1 and will be relocating from smaller premises in Highbridge. The tenant has undertaken a major fit-out of the space to create a modern studio.
The Scotch Egg Company (South West), which trades as Chickies Scotch Eggs, is moving its production to Oak Tree Business Park from smaller premises in Bridgwater. At 741 sq ft, the new unit J10 will allow the company to expand its product range.
Finally Secret World Wildlife Rescue has leased the 1,571 sq ft Unit J5 to support its charity shop expansion programme. With three stores already open in Burnham on Sea, Glastonbury and Langport, the new unit will be used to process a growing volume of donations including, for the first time, larger items of furniture as well as store its own merchandise. The unit is currently being fitted-out by the developer.
Other occupiers already in Block J include the dog food producer ProDog Raw which operates from three units, digital sports signage company Oak Squared and MC Plastering.
Andrew Maynard, partner at Alder King, said: “Oak Tree Business Park has clearly filled a gap in the market for high quality space in this part of Somerset, given the volume of transactional activity over the last few months.
“With just two units now remaining, we’re confident we’ll see Block J fully occupied within a matter of months, bringing this high-quality scheme to completion.”
Elsewhere on the business park, construction work is now complete on the 6,000 sq ft Screwfix unit. Screwfix is now in and trading, while the adjoining 6,500 sq ft unit for Howdens Joinery remains on track to complete this quarter.
