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Investor buys business park for £7.5m

The 12.5-acre office park at Linford Wood comprises ten buildings totalling 135,000 sq ft, with potential for an additional 150,000 sq ft of new office development.

Barwood Capital plans site-wide improvements and aims to provide much needed Grade A office accommodation to Milton Keynes to address its lack of office supply, which will include a potential 150,000 sq ft of new office space, subject to the necessary planning consents.

Director Andrew Barlow said: “Milton Keynes is a key central market in the UK and has shown exceptional expansion in the last decade. The city continues to attract blue chip occupiers thanks to its strategic location on the M1 and with links to London and Birmingham."

Current occupiers at Woodlands Business Park include Leica Microsystems, a world leader in providing innovative microscopy, camera and software solutions, retail analyst Ipsos Retail Performance, financial services software specialist  Worksmart and the White Clarke Group, a global first-class provider of automotive and asset finance software. 

Mr Barlow said: “Companies at Woodlands benefit from its great location and excellent parking, and the Park offers outstanding potential for providing the best new office buildings in Milton Keynes.”

Barwood’s 2015 growth fund recently closed with the ability to secure more than £100 million of commercial and residential property assets. 
Barwood Capital continues to seek well located assets with lot sizes between £3 million and £20 million that have the potential for value to be added through active asset management, planning and development.  
Bidwells acted on behalf of Barwood Capital in the purchase, and has been appointed letting agents alongside LSH and Knight Frank. 

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