Andrew Barlow, commercial director at MEPC, explains: “It is exciting to be able to announce 3D NC as the first letting in a new development in the Milton Park Enterprise Zone and, significantly for us, demonstrates why we must continue to invest in speculative schemes like this. We believe that this is the first letting in a speculative development within an Enterprise Zone anywhere in the UK. As soon as the EZ announcement was made we focussed on delivering these units to the market quickly to create opportunities for jobs growth and interest in this development is very high.”
3D NC is a precision engineering firm which supplies metallic components to the motor sport sector, primarily Formula One. Director Darren Philips adds: "We needed modern, hi spec premises to expand and develop our business. The new units at Milton Park give us a contemporary environment at a prestigious location."
The development consists of twelve new hi-tech business units ranging from 1,500 sq ft to 3,090 sq ft which can suit a variety of companies which have taken only six months to be built, all to a high standard. As these new buildings are within the Milton Park Enterprise Zone, business rates relief is a significant saving for occupiers.
Andrew Barlow said: “Enterprise Zone status allows development to be fast tracked, giving us a completely different planning environment. This enables a rapid response to the needs of growing companies, to create the jobs so vital to the economic performance of this region. This scheme gets the EZ off the starting grid, with up to 70 acres of the Park being designated for development. We can offer a range of options for small start up companies, to larger more established businesses, all within a fast growing and highly successful business community.”
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