Two new developments on a premier business park offer a rare chance for companies to acquire new-build energy-efficient units in a thriving setting, a leading commercial property expert says.
Andrew Cosnett, partner at award-winning Coventry-based specialists Bromwich Hardy, says the two schemes at Tachbrook Park in Leamington Spa will create much-needed new-build business units much in demand in this area.
A total of 15 business, warehouse and distributions are being built at T1300 on Plato Close in the business heart of Leamington Spa – nine of which are under offer.
The neighbouring T1600 site will offer one individual self-contained manufacturing and distribution unit covering around 30,000 sq ft available next year.
“The fact that nine of the 15 units at T1300 are already under offer shows just how strong the market is in the heart of the country for newly built, modern business accommodation,” said Andrew.
“The area has an extensive pool of highly-skilled labour in the automotive, digital, gaming and aerospace industries and Tachbrook Park is just a four-minute drive from junctions 13 and 14 of the M40 so could not be better placed.
“The T1600 site can be built to the occupier’s own specification, offering a really rare chance for a company to occupy a purpose-built base in a thriving business setting with first-class infrastructure. In addition our client will undertake a freehold Build to Suit to further cater for business needs”
Neighbours include the likes of JLR, Tata Technologies, Groupo Antolin and leading asset management company AC Lloyd, which owns the site and has appointed Coventry-based Deeley Construction to complete the work.
The units are available either to buy or let and come with ample parking, electric vehicle charging points, planning for industrial and storage uses and are fully warrantied.
"The fact that nine of the 15 units at T1300 are already under offer shows just how strong the market is in the heart of the country for newly built, modern business accommodation."
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