Only a short time ago Easthampstead Road Bracknell painted a rather miserable picture of large empty offices. A number of major occupiers had vacated mainly as a result of the down turn and global recession which left the local area having to deal with the consequences. It was a pretty sorry sight! Now, just a few years on, the area has been regenerated and incorporates an diverse mix of uses including a modern business park, a trade park featuring many well-known names, two fitness centres including one 15,000 sq ft super gym, and a residential apart-hotel scheme aimed at the business market. So what a turnaround!
A key part of this revival has been the E-Centre. Formerly known as Enterprise Centre it was until a few years back owned by a large property fund who had sadly rather fallen out of love with their investment! It had become a rather dreary office high-tech park with very few occupiers all of whom weren’t terribly happy. However a local property company T A Fisher with investor partners acquired the development and set about instilling some ideas to revitalise the product. The aim was to bring the development into the 21st century and to a great extent that is what has been done. It’s a combination of inspired design ideas, creative thinking and not an insignificant amount of investment! In summary the development has been given a new lease of life and today presents a really impressive business environment that is beginning to catch the eye of an increasing number of occupiers.
Completion of the improvement works occurred this summer and already we are delighted to announce a number of new lettings. Firstly Miles 33 a long-standing occupier of E-Centre have signed a new 10-year lease of Unit 6 (8,322 sq ft) linked to a complete new fit out provided by the landlords. Annodata who took over Keltec signed a new 5-year lease of Unit 2 (5,870 sq ft). And finally Key Training are taking the ground floor of Unit 3 (3,464 sq ft) with possession in September.
The entire proposition has been restyled with no expense spared and now crucially provides modern purpose-built business space in smart landscaped surroundings to meet today’s business needs. Whilst providing good quality business space there are ground-floor loading doors.
At £15 psf we believe E-Centre offers terrific value for money compared to alternative options in the marketplace today. Such good value in fact that we propose to increase the asking rent to £16 psf on 1 November 2015.
Our client T A Fisher also owns the adjacent Beneficial House, again completed in early 2015. This redevelopment features a superb 24/7 gym on the ground and first floors incorporating the latest equipment. It is without doubt the premier gym in the area. The upper floors are operated as an apart-hotel type facility and feature a range of stylish serviced apartments by another group company House of Fisher. Opened in May 2015 the apartments are already proving incredibly popular with the growing business travel market who seek short-term or extended-stay accommodation.
So in a nutshell E-Centre is a great location to work, work out and then stay!
For further information please contact:
Fryer Commercial Limited
Nick Hardy MRICS
Page Hardy Harris Ltd
01344 311344 / 07715 032429