Robert.Jervis_43227 Sep 04

Brand new Kettering Business Park complete and open for business

Brand new Kettering Business Park complete and open for business image

Prime new 270,000 sq ft Cransley Park development offering industrial/distribution units from 25,000 upto 100,000 sq ft.

St Francis Group, a leading UK-based property development and investment group and an expert in brownfield development and regeneration has today announced the practical completion and launch of its latest brand-new development – Cransley Park in Kettering.

Situated immediately adjacent to junction 8 of the A14 in Kettering, Cransley Park is a prime new 270,000 sq ft business park development situated on a 22-acre gateway site. It comprises of five grade A specification industrial/warehouse units from 25,000 sq ft upto 100,000 sq ft.

The scheme has been speculatively developed in partnership between St Francis Group and the Richardson family demonstrating confidence in the Kettering and A14 corridor market - with the occupational market continuing to perform well.

The completed units are being offered for both lease and purchase and have been designed to a high specification to achieve the BREEAM Very Good and EPC ‘A’ rating. The units feature 50K/n floor loading, service yards of up to 50 metres, 8- 12m eaves height, a mixture of dock levellers and level access doors, and high-quality office accommodation.

Speaking about the development St Francis Groups’ Development Director, Gareth Williams said:

“We are very proud of what we have achieved at Cransley Park - to have bought back to life an area of Kettering that had previously been the home of heavy industry and transform into this exceptional new grade A business Park. At the same time, we have been very pleased with the increased level of occupier interest in the units as we neared completion and expect to make some announcements soon.”

Appointed letting/sale agents are Prop-Search and LSH. Richard Baker, a Director of joint agent Prop-Search also commented:

“The development at Cransley Park is highly visible from the A14 and serves as a key development in the Kettering/A14 corridor in which there is presently a chronic shortage of Grade A logistics and commercial property space. We are already fielding a significant number of enquiries and look forward to welcoming new occupiers to the Park shortly.”

St Francis Group is leading UK-based property development & investment group and an expert in brownfield development and regeneration.

Founded in 1973, it has established itself as an innovative owner, manager and developer of high quality commercial and residential property. With in-house financial resources and a dynamic management team, it adopts a highly successful approach to brownfield renewal with opportunistic acquisitions, joint ventures, asset management and where necessary, a longer term strategic approach.

St Francis Group’s development pipeline covers all market sectors but with a particular emphasis on commercial and residential brownfield opportunities. The Group is currently managing the delivery of remediation and infrastructure projects to create residential plots and in excess of 850,000 sq. ft. of commercial space to meet present day occupier requirements across its portfolio.

St Francis Group has access to a wide range of demolition, decommissioning, decontamination and remediation specialisms enabling it to manage risk extremely effectively and often to the benefit of sellers.