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The Great British Mobility Group has opened a new distribution centre at Colonnade Point on the ProLogis Park, moving from its previous site in Foleshill in the city.
D&P Holt acted for Capel House Property Trust Ltd in attracting the Great British Mobility Centre to the park. King Sturge are joint agents on the scheme.
The property was acquired at a rate of £5.50 psf.
Tamworth
Unit 5 Landsberg, Lichfield Road Industrial Estate, Tamworth, comprising 1,418 sq m (15,265 sq ft) has been sold freehold for £950,000 plus VAT.
Kingston CPC acted for the vendor, Smith Brothers (Tamworth) Ltd. The new owners are AT Communications (Europe) Ltd.
Rushden
Unit 4 Bullmatt Business Centre, Northampton Road, Rushden, comprising 12,291 sq ft has been let on a new 12 year fri lease with tenant break options 01.01.2012 & 01.01.2016 and upward only rent reviews on 01.01.2012 & 01.01.2016 for £60,266 pax.
Underwoods acted
for the landlord, Tankerton Ltd, in the letting to Metroplan Ltd.
Burton on Trent
Block 5.3, Lancaster Park, Needwood, Burton on Trent, comprising 2,238
sq ft has been sold for £710,000 + VAT.
The vendor was Sigma Property Management Ltd, represented by Salloway.
Walsall
Three quarters of the units in the last speculative phase on the 16-acre
Walsall Enterprise Park being developed by St Modwen, which will be completed
in March, have been sold.
Only three units of the 35,840 sq ft phase, from 5,015 sq ft to 6,760
sq ft, are still available.
Six units have been sold/let to local, regional and national firms with
a value in excess of £1.25m. Andrew Dixon is representing St Modwen.
Leamington
A 4,240 sq ft industrial unit Lower Heathcode Farm, Heathcote Industrial
Estate has been let to Pegasus for £19,500 pa.
The unit was being marketed by Evans Hardy Bromwich.