THE second phase of the refurbishment of the office development branded Quadra in Northampton is complete, with demand for the space likely to be strengthened further by the agreement of renewed leases for the existing tenants.
Balfour Beatty, Infinis PLC and Perry’s Motor Group have a long-standing base at 500 Pavilion Drive on Northampton Business Park, and they have been joined, more recently, by Allied Irish Bank.
Now that the second phase of the refurbishment is complete, landlords Sivana Investments and Claymore Group believe the available space will prove an attractive proposition in a busy Northampton office market.
Space in the development, in what is considered one of Northampton’s premier office locations, comprises three modern, contemporary suites which are available through joint agents Lambert Smith Hampton and Drake Commercial.
Along with existing tenants Infinis PLC and Perry’s Motor Group and new tenants Allied Irish Bank who moved in around 18 months ago, Balfour Beatty have renewed their lease for five years.
The available suites are located on the ground and second floors with lift access to all floors and provide accommodation from 3,905 to 12,772 square feet. The suites are highly specified and benefit from raised floors, suspended metal ceiling tiled ceiling, VAV Air Conditioning, two 13 person passenger lifts and 24 hr CCTV among other features. The car parking area has also been reconfigured and refurbished.
David Grove of Lambert Smith Hampton, said: “Rents in the building are achieving £15psf so this really is an excellent proposition for businesses looking to move into a modern and very well appointed building, aligned with forward thinking landlords on Northampton’s leading Business Park, particularly now that the second phase of the refurbishment is complete.
“The refurbishment further strengthens the offer and with one of the best car parking ratios in the town of 1:235 square feet, is a further benefit for those looking to move.”
Lambert Smith Hampton and Drake Commercial is marketing the office space on behalf of Sivana Investments, call LSH on 01604 664366 or Drake Commercial on 01604 620616 for further details.