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BUSINESS LIFE: BUSINESS PARKS: Rare freehold opportunity at village location.


THE second phase of development at Meriden Business Park is now complete with the construction of Building 2020 - a 15,440 sq ft campus- style office building over two floors.

The new property enjoys excellent communications links being close to the M42 and just minutes away from Birmingham International Station and the NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98).

NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd.
, and is located on the edge of Meriden village, reputed to be the exact centre of England.

Philippa Pickavance, partner at letting agents A letting agent is a facilitator through which an agreement is made between a Landlord and tenant for the rental of a residential property. In the United Kingdom the agreement between Landlord and tenant is normally formalised by the signing of an Assured Shorthold Tenancy.  King Sturge, said: "Its superb location and 80 on-site car park spaces, coupled with our client's willingness to offer the freehold at pounds 2.6 million, makes this a rare opportunity for a company to acquire."

Meriden Business Park typifies the success that Warwickshire is now enjoying as a growing business centre in the UK.

The developments at Hams Hall Hams Hall is a place near Lea Marston in North Warwickshire, England, named after the manor house which formerly stood there.

The house was the home of the Adderley family was dismantled in the 1920s, when the City of Birmingham bought the land and built an electricity
 have had a hugely positive effect on nearby developments such as Meriden and have acted as economic catalysts The term economic catalyst is is widely used in in the field of economy to describe entrepreneurs or companies who precipate a fundamental change in business or technology. A more precise definition of catalyst is based on the new economics of multi-sided platforms.  to the region's growth.

Building 2020 can also be acquired on a leasefold basis from five years upwards at a rent of pounds 16.95 per sq ft and can be available floor by floor from 7,720 sq ft.

Incentive packages are also available to appropriate tenants through the joint letting agents King Sturge, Lambert Smith Hampton or KWB KWB Kirby Wayne Beard Technologies, LLC (Norristown, PA)
KWB KiloWatt Breakdown
.
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Copyright 2002 Gale, Cengage Learning. All rights reserved.

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Title Annotation:Business
Publication:Coventry Evening Telegraph (England)
Date:Mar 5, 2002
Words:214
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