News: Powell Williams oversees £15m facelift at Guildford Business Park for Cube Real Estate and Benson Elliot
One of four iconic office blocks fronting the A3, Building
Two at the Guildford Business Park is being rebuilt to become the
flagship of the development.
CGI image of the new building
The building, originally built in 1988, has been stripped
back to frame and is now to be rebuilt with a three-storey front
extension and a brand new Grade A-standard interior throughout. The
familiar external glazed façade will be reinstated, while a single
storey vertical extension will create a new penthouse office suite
with outdoor terrace area. The architect for Building Two is TP
Bennett and the contractor is Brymor.
The building was vacated by previous occupier Phillips,
which has moved into the recently refurbished Building Three.
Building Two, which will total 82,000 sq.ft, is set to be
relaunched to the market on a multi let basis when works complete
in March 2018.
The project is part of a wider investment in upgrading the
260,000 sq.ft business park by its owner, Benson Elliot, and asset
manager Cube Real Estate.
Powell Williams was appointed to advise on the acquisition
in 2015 of the 14-acre site from Legal & General, and has since
handled dilapidations and project management. The team is also
appointed principle designer, contract administrator and employer's
Darren Ward, Powell Williams partner overseeing the
"This transformation will allow us to create the type
of modern office space that today's occupiers demand.
Over the last five months we've taken the building back to
its bare bones and installed new foundations to allow for this
wholesale remodel. Over the coming months we'll see the new skin
draped around the existing frame and the familiar curved face
reinstated. Once complete, work will begin on the interior,
creating a 'next-generation' office building which will set a new
standard for the whole development."
Powell Williams is also working closely with planning consultant
Chartplan over the next phase of works which will see the existing
car park increased by three additional decks, to accommodate 98
extra vehicles. Plans are also being progressed to implement
existing planning consent to construct a new Building Five with
associated car parking.
Jonathan Lawes from Cube Real
"Just eight miles from the M25 and one mile from
Guildford, this is a fantastic location for a business park. We're
in a regional centre with growing demand for high quality space, as
shown by our current blue-chip occupiers, such as Colgate, Philips
This investment will demonstrate what can be done here,
and shows the potential the whole site offers to improve provision
for businesses accommodation in this area.
For a complex scheme such as this, comprising multiple
projects and in depth negotiations with local planning authorities,
Network Rail, and numerous existing occupiers, we were pleased to
appoint Powell Williams."
Powell Williams has also acted for Cube on
behalf of Benson Elliot in the refurbishment and upgrade of space
at 55 Princess Street in Manchester, 11 Brindleyplace in
Birmingham, 150 St Vincents Street in Glasgow and Templeback in
For more information regarding this project, contact Darren Ward.