HBD, part of Henry Boot, has sold a 5,614sq ft unit at Airport Business Park Southend to The Trustees of Hammersley Pension Scheme in a £1.15million deal.
Unit 5 sits within The Quad, a 12-unit scheme within the 25-ha development and is currently occupied by The Event Co.
Airport Business Park Southend (ABPS) is a joint venture between HBD and Southend City Council. It has quickly become one of the city’s most successful business destinations, with occupiers including IPECO, which has a total of 257,000sq ft at ABPS, and CAMA AssetStore.
Ed Hutchinson, Managing Director of HBD, said: “HBD developed The Quad for SMEs, providing modern Grade A space within an established business location and alongside facilities including the Launchpad to encourage innovation, collaboration and idea-sharing. The Quad has proven a very successful scheme and it’s positive to see start-ups and SMEs continuing to thrive at Airport Business Park Southend, creating new jobs and opportunities.”
HBD has now completed a total of 355,550sq ft at Airport Business Park Southend. A further 290,000sq ft of space is to be brought forward, 77,108sq ft of which has planning consent. Unit 5 was the final remaining building within the Quad, with all units now sold.
HBD, part of Henry Boot, is one of the UK’s most well established property developers. It boasts an impressive track record, strong financial backing and a reputation for delivery that has seen it become the partner of choice for local authorities, investors, and developers. Working with a £1.2billion development pipeline, HBD operates from six UK offices, focusing on industrial and logistics, urban development and residential projects.