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Dunmoore, the British real estate development and investment company, is drawing up plans for a 42,500-square-foot park development in Bedfordshire.
Founded and owned by Jeff Hobthrough, Dunmoore is a private UK investment and asset progression firm with offices in London and Newbury. nearly 2 million square feet of projects since its inception in 2007.
The progression will be a complete renovation and a component of the progression of a new structure of a vacant business unit in the Biggleswade city market. The 26,625-square-foot unit acquired from Jewers Doors, the local commercial door supplier, for £4. 3 million. Dunmoore will supply a high-quality business park of 8 counter units, totaling 42,500 square feet.
Progression is prominently displayed in Stratton Business Park, up to the intersection of the main roundabout A1M and A6001 London Road, with nearby occupants such as Lidl, McDonalds, Travis Perkins, Homebase and A1 Retail Park.
Andrew Scott, Director of Dunmoore, said: “After a successful sales era at the end of 2021, we have reinvested a portion of the equity in a typical Dunmoore repositioning opportunity. We know that many of our existing advertising tenants want space in the city and we look forward to running with them again. “
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