Maidenhead: LSH secures trio of station-side lettings – is this the start of the Crossrail surge?

When Cincom Systems UK sought to sub-let surplus ground, first and third-floor offices at 1 Grenfell Road (adjacent to Maidenhead railway station), property agent Lambert Smith Hampton (LSH) received a surprisingly high number of enquiries.

As a result of the interest, and Cincom’s flexibility over terms, The Juice PLUS+ Company, Bilfinger RE Asset Management and Tripwire have all signed up to occupy floor plates in the building on eight-year sub-leases. Only one suite now remains, offering 5,300 sq ft with the added benefit of 26 car parking spaces.

Cliff Jackson, director for LSH, Maidenhead, explains: “This is an example of occupiers positioning themselves in a prime office location in time to benefit from Crossrail and Wrath rail infrastructure upgrades. With strong occupier demand and town centre rents set to exceed £30 per sq ft in 2015, it is no surprise that we are also receiving intense interest in Maidenhead from investors too.”