Planning cleared for Weybridge office scheme

Published:  06 June, 2011

WEYBRIDGE: Property investor Rockspring and its development partner Exton Estates have received planning consent for a 9,000sq metre office development in Weybridge, Surrey.

Construction will start shortly on site, with completion expected in autumn 2012. The 5-storey development, named Velocity, will offer grade A office accommodation with 370 parking spaces.

Rockspring acquired the site in Weybridge in January 2011 from Mercedes Benz for £4.25m on behalf of the Rockspring UK Value Fund.

The scheme is one of three speculative developments owned by the fund, which are currently being constructed.

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