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Wiltshire Development Secures New Tenants

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RO Real Estate, a subsidiary of UK family-owned business, The RO has successfully pre-let two food retail units on its development at Solstice Park in Amesbury, Wiltshire. 

Work on the units is underway with completion expected over the summer and customer visits expected to commence later this year.

Tenants include leading food retailer Greggs, the well-loved British bakery chain, which specialises in savoury products and sweet items.  A second unit is being developed for Taco Bell, the American fast-food restaurant chain, that offers Mexican-inspired foods.

In addition, once construction of the site is complete, GRIDSERVE, the pioneering sustainable energy solutions provider will install eight High Power Chargers for electric vehicles, which will be located adjacent to the food retailers.  Their next generation chargers are supported by renewable energy from their own hybrid solar farms and provide up to 350kW of power, the fastest currently available charging speeds.

RO has enjoyed previous success at the 160-acre mixed use Solstice Park development, strategically located in central southern England on the A303 trunk road between London and Bristol.  There are already a number of leading international and national food and beverage retailers as well as trade counter occupiers on the site such as Home Bargains, Screwfix, Howdens, McDonald’s and Costa Coffee.

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David Kershaw, Group Real Estate Director, The RO, says: “There are many attractive opportunities to be found in regional investment and development, particularly as the UK opens for business again after the trials and tribulations of the last couple of years.  Solstice Park benefits from the A303 infrastructure and is located in a key regional gateway location. 

“We have secured three leading tenants, each of which is a highly respected name and look forward to completing the development work on these units and then welcoming customers later in the year.”

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FMIndustry.com covers the latest news, trends and opinion from the facilities management (FM) and corporate real estate (CRE) sectors. The FM market is currently estimated to be worth USD 1 trillion annually and is projected to grow at a compounded annualised rate of approximately 5% between now and 2026.

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    FMIndustry.com covers the latest news, trends and opinion from the facilities management (FM) and corporate real estate (CRE) sectors. The FM market is currently estimated to be worth USD 1 trillion annually and is projected to grow at a compounded annualised rate of approximately 5% between now and 2026.

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