Magazines
Newsletter
Advertise
Search
The Business Magazine - B2B Business News - Site Logo
The Business Magazine - B2B Business News - Site Logo
The Business Magazine July 2024
Read now
PICK YOUR EDITION

Construction completes on speculative industrial units at Hartlebury Trading Estate

The Business Magazine article image for: Construction completes on speculative industrial units at Hartlebury Trading Estate
25.03.22 Hartlebury, UK Rupert Jeffries from Hartlebury and Ed Atkin, Schroders Capital looking over the latest speculative industrial development at Hartlebury Trading Estate, which is now near completion. Photo: Professional Images/@ProfImages
13 April 2022
25.03.22 Hartlebury, UK Rupert Jeffries from Hartlebury and Ed Atkin, Schroders Capital looking over the latest speculative industrial development at Hartlebury Trading Estate, which is now near completion. Photo: Professional Images/@ProfImages

Construction on five speculative, industrial units at Hartlebury Trading Estate has completed, providing an additional 27,000 sq ft of commercial space at the site.

Schroder Capital UK Real Estate Fund (SCREF) announced the project, which comprises of five units of approximately 5,000 sq ft each, last Autumn in response to the demand for more commercial space in the Midlands.

Rupert Jeffries, of asset manager Collingwood Rigby, said: “At 230 acres, Hartlebury Trading Estate is the largest commercial site in Worcestershire, and such is the demand for industrial space at present, we are experiencing record low void levels.

“The shortfall of suitable stock throughout the region has been a cause of concern for many months, and with less than two per cent of the estate area available to new occupiers at present, we were keen to deliver new solutions at the site to meet that need.

“Construction on the new Crossways development has now completed, providing up to 27,000 sq ft of high-quality industrial space at the estate and new tenants secured set to take occupation next month,” he added.

The suite of five units ranges from 4,936 sq ft to 5,791 sq ft, and have been designed so that they can be leased individually or combined to create larger warehouses of 10,000 to 27,000 sq ft. Charles D’Auncey of Harris Lamb, agents for the estate along with Fisher German, said: “Demand for quality industrial stock throughout the region continues to outstrip supply, and there has been a high demand for these opportunities, given the calibre of the buildings and the location and reputation of Hartlebury Trading Estate itself.

Hartlebury Trading Estate currently houses 90 businesses in 130 building ranging from 500 sq ft to more than 100,000 sq ft.


Share 

Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe.

After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts.

She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.

Latest deal ticket

All deals

Events

All events

Related news


Group Titles

Dorset BIZ NewsHampshire BIZ News
crossmenu