Acquisition of
Woodlands Business Park

Woodlands Business Park
Barwood Capital

Bidwells identified and acquired Woodlands Business Park as an active management and development opportunity for our client, Barwood Capital. The park extends to 12.5 acres and 135,000 sq ft of existing office space.

Woodlands business spacemain

What we did

  • Identified and acquired active management opportunity for Barwood Capital 2015 fund.

  • Acquired from receivers in an off-market transaction.

  • Carried out a building survey.

  • Assisted in the creation of an asset plan and estate masterplan.

  • Since the purchase, we acted on an agency basis to secure 4 new lettings on the park.

  • Retained in an agency capacity to market 150,000 sq ft of new Grade A office accommodation.


Result

  • Acquired off market for £7.6m.

  • Most voids cleared following purchase.

  • Assisted with design for the new masterplan for the redevelopment and expansion of the Park.

  • Planning permission for 150,000 sq ft new build offices granted.

  • Targeting occupiers for new offices.

 

Bidwells understood our Fund’s investment objectives and identified an asset which was subsequently acquired off market with tenacity and skill. The team has subsequently been fully committed to help us deliver our business plan, and with planning now secured we look forward to securing new high profile occupiers

Andrew Barlow, Director, Barwood Capital

 

7.6m

acquisition of business park

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