Huge boom for Bedford business park as it bucks the pandemic trend with 18 new firms

The multi-million pound Glenmore Business Park is almost at full capacity

Tuesday, 16th March 2021, 10:48 am
Updated Tuesday, 16th March 2021, 10:50 am

A new multi-million pound business park in Bedford is booming and is approaching full capacity after welcoming 18 firms, defying the predicted gloom and doom during lockdown.

Glenmore Business Park – the first development of its kind in Bedford for more than 20 years – has three units remaining for sale from £230,000 to £299,500, or to let at rents ranging from £11,750 to £15,750 per annum.

The businesses which have already signed on the dotted line include building contractor Crest Build, loft extension specialist DJ Moore Lofts, and sports equipment manufacturer and distributor WS Sports UK. They have all agreed five-year leases on units ranging in size from 1,164 sq ft to 1,511 sq ft.

Glenmore Business Park
Glenmore Business Park

Karl Saralli, surveyor at commercial property consultancy Kirkby Diamond, said businesses have been very keen to relocate to the mix of light industrial and warehouse units at Arkwright Road.

He said: “We’re urging small businesses that may want or need to relocate to contact us regarding the final three units as we’re confident they won’t be available for very long."

He added: “With rents starting at £11,750, and freeholds available, the development is proving to be extremely popular among the region’s small business community.”

Units range in size from 1,104 sq ft to 1,550 sq ft and some of which have been combined to create larger units. Each unit has a first floor capable of being used as offices, sectional roller shutter loading doors, six-metre eaves height, and allocated parking spaces.

For more information contact Karl Saralli on 01234 905133 or email [email protected]