Three More Tenants Join The Growing Business Community At Croxley Green

Bray Fox Smith, acting on behalf of Threadneedle Investments, has let three more business suites comprising 10,498 sq ft at Croxley Green Business Park. These latest lettings follow hot on the heels of deals with JT Consultancy and Whyte International totalling 7,932 sq ft earlier this month.

Laserfiche Services UK, who provide ECM software solutions, has taken 488 sq ft in Building 6, on a 5 year lease with a five months rent free period, at an annual rent of £10,000 per annum which equates to £20.49 per sq ft.

Shopfittings Direct Ltd provide the latest in retail innovation from design and visual merchandising to shopfit and mannequins, has taken 7,876 sq ft on a 10 year lease, in Building 3, with tenant only break in December 2019 and a 12 months rent free period, at an annual rent of £165,396, equating to £21.00 per sq ft.

And finally Corethree a cutting edge data solution company , who are leaders in m-ticketing technology, has signed a five year lease, also within Building 3, of 2,134 sq ft, with a 9 months rent free period, at an annual rental of £49,100, which equates to £23.00 per sq ft.

Paul Smith comments “Building 3 provides excellent quality HQ grade accommodation and rents achieved are now ahead of Watford town centre, 2014 has been a great year for the park”

Croxley Green Business Park is home to over 55 companies and 2,200 employees, located in over 75 acres of landscaped grounds. Within the business park there is; a café, gym, children’s nursery, hair salon, tenant events programme and free bus service to Watford town centre. The business park also has electric re-charging points for cars and an Amazon click and collect scheme.

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