Humber Enterprise Park Secures New Lease with BAE Systems
Humber Enterprise Park (HEP) has announced a new ten-year lease agreement with BAE Systems which will maintain its 500,000 sq ft centre for digital engineering excellence on the strategic site.
The global defence and aerospace company leases office, warehouse, and R&D space at HEP. The renewal of the lease coincides with BAE Systems’ recent recruitment announcement for potential 100 new roles, adding to the existing 700 BAE Systems employees already working at the site.
BAE Systems has a long heritage at HEP, stretching back to 1916 when aeroplane pioneer Robert Blackburn chose the Brough site for its manufacturing facility due to its proximity to the Humber. The site has since transformed into the Company’s centre for digital engineering excellence, with activities supporting the delivery of the world’s most advanced defence programmes. These include the Future Combat Air System –Tempest, and the Dreadnought submarine fleet.
James Hardstaff, General Manager of the BAE Systems Brough site said:
“There’s a really bright future ahead for BAE Systems in Brough. With activity focusing on engineering some of the most advanced Air and Submarine programmes in the world, our people will be contributing to the development of critical future technologies.
The renewal of our lease with Humber Enterprise Park and recent investment in the site ensures we will retain our longstanding history with the area, providing high-skilled jobs and supporting the local supply chain.”
Whilst HEP is known as a major heritage site and centre of excellence for BAE Systems, it is also a well-established business location in its own right with other occupiers including Eco Engineering, Wren Kitchens, and Supercraft Ltd.
Following its acquisition of the 79-acre park in 2020, Westcore Europe has invested heavily with a view to repositioning the significant site and its mixed-use proposition.
Victorian Morgan, Director of Asset Management at Westcore Europe which owns HEP, said,
“We are delighted that BAE Systems is committed to remain at Humber Enterprise Park for the longer term, whilst also creating more potential jobs. This is testament to the strategic location and strong connectivity, with the railway station just a few minutes’ walk away, as well as the expanding amenity/wellbeing provisions on site for our working community.
“Thanks to BAE Systems, HEP is well known for enterprise and we have a thriving mix of large corporations through to incubator businesses expanding on site. We have invested significantly in recent years to deliver high quality workspaces and make enhancements to the public realm as part of our ongoing commitment to transform the Humber Enterprise Park into a destination.”
Working with asset management partner, Citivale, Westcore has extensively refurbished five major office buildings at Humber Enterprise Park. Bluebird, Firebrand, Hawk, Buccaneer and Mercury are all significant, buildings offering highly modern, Grade A office suites of a combined 40,000 sq ft.
Office suites are available to let from 2,000 sq ft up to a full floor of 6,000 sq ft or an entire building of 18,000 sq ft. All buildings have undergone extensive refurbishment to offer Grade A accommodation with high specification amenities, double height feature atrium and a generous eight car parking spaces per 1,000 sq ft.
Humber Enterprise Park is located on a 79-acre site to the West of Hull City Centre. The development is within a few minutes’ walk of Brough railway station with daily services to the North of England and Kings Cross,10 minutes’ walk of the vibrant Brough town centre and two miles drive to the M62 and motorway network.
Citivale acted for Westcore Europe and PPH Commercial is marketing agent for the scheme. Contact Ben Medhurst for details on 01484 626 910.
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About Westcore Europe
Westcore Europe is a real estate investor-manager with a specialization in multi-tenant industrial and office properties with over £500 million of assets under management. From its 4 European offices in London, Geneva, Berlin and Vienna the Company has achieved a consistent record of delivering high risk-adjusted investment returns to investors through effective asset management and operating strategies. Westcore’s partners include private equity funds, real estate investment trusts, family offices, and high net worth individuals.