He said: "There is an expanding economy here and this development means businesses can stay in the area or relocate here by making a long-term investment.
"More and more small and expanding companies are looking to buy their properties rather than rent, and that can be the deciding factor in where they locate so it is vital there is a pipeline to support the local economy.
"Shepperton is prepared to offer the freehold, after a qualifying leasing period, or to lease the properties if that suits occupiers more.
"Shepperton Business Park will create many more jobs and it's in an ideal location near the M6 and A444."