Luton’s Butterfield Business Park is set for further expansion with planning for Phase two of The Quad given the green light by planners.
Butterfield Business Park is an 83-acre light industrial development in Luton, close to Junction 10 of the M1 and Luton Airport. It boasts a host of on-site facilities, including an Innovation Centre, The Office Business Village and a Hilton Hotel.
This second phase of the Quad will see the hugely popular development double in size, providing an additional 82,000 sq. ft. of light industrial space for local occupiers and SMEs.
A further five units will be available ranging from 10,000 sq. ft. through to 25,000 sq. ft. on a leasehold or freehold basis.
Luke Davenport, Senior Development Surveyor at HBD, said: “The first phase of the Quad was extremely successful and we expect this second stage of development to be equally well received – early conversations are already underway with potential occupiers. Phase two will add an additional 82,000 sq. ft. of light industrial space, easing the shortage of stock available in the market and providing SMEs with the space to expand, contributing to job growth in the area.”
The Quad was recently shortlisted in the Industrial Agents Society (IAS) Awards within the Best Overall Scheme – Multi Let Industrial Scheme category.
HBD has offices in London, Leeds, Sheffield, Manchester, Birmingham, Bristol and Glasgow. Its diverse, UK-wide portfolio includes office space and logistics, through to residential innovation and award-winning heritage projects.
Adroit Real Estate Advisors, LSH and Cushman & Wakefield are the agents on Butterfield Business Park.