SEGRO has received planning consent from Slough Borough Council for a new 68,000 ft² (approx. 6,317 m²) speculative office development at 234 Bath Road on the Slough Trading Estate. 234 Bath Road was previously occupied by SEGRO's UK property teams. SEGRO has recently moved to smaller shared offices at the newly refurbished 258 Bath Road site and is now looking to redevelop 234 Bath Road as part of its ongoing redevelopment of the Estate.
Gareth Osborn, Business Unit Director for the Thames Valley at SEGRO, said: "We are pleased to have received planning consent from Slough Borough Council for this exciting scheme. With occupancy levels so high along the Bath Road office frontage, the decision to develop this office scheme on a speculative basis underlines our confidence that this is a very attractive location for customers. The Thames Valley office market has seen a fall in the availability of grade A accommodation and the new development at 234 Bath Road is well placed to meet occupier demand.
"With its proximity to major road, rail and air hubs and with the planned arrival of Crossrail and the proposed Western Rail Access to Heathrow (WRAtH), Bath Road is one of the most accessible locations in the South East."