Background
Surrey Research Park is an established science and technology park beside the Royal Surrey County Hospital and The University of Surrey. The site comprises a 7.8-acre opportunity with an existing 90,000 sq ft headquarters office building, offering significant potential for redevelopment to meet growing demand for modern laboratory and office space in one of the UK's leading research clusters..
Our impact
Avison Young advised British Land on the vacant possession purchase of the site for redevelopment into laboratory and office space. Our strategic advisory work facilitated the transformation of the asset, securing a 48,000 sq ft pre-let of lab-enabled space to LGC, a leading science and technology company. This repositioning has delivered a high-quality facility that serves the thriving life sciences sector in Surrey's innovation ecosystem..