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The Wigley Group lodges plans for £4.5 million logistics scheme in Coventry

31 October 2022
The Business Magazine article image for: The Wigley Group lodges plans for £4.5 million logistics scheme in Coventry

Commercial property company The Wigley Group has unveiled plans for a £4.5 million logistics scheme to help create new industrial space for businesses in Coventry.

The firm has lodged plans with Coventry City Council to create nine new units on Stonebridge Trading Estate, ranging between 1,500 sq ft to 5,000 sq ft in size.

The site currently holds a single 34,000 sq ft unit which would be demolished.

New plans to create multiple industrial units in a key location in Coventry is deemed a prime opportunity which would support wider regeneration plans in the Whitley area.

The scheme is located across the A45 from Jaguar Land Rover’s Whitley headquarters, and is in close proximity to the proposed Gigafactory to produce electric car batteries.

James Davies, Chief Executive Officer of The Wigley Group, which is based in Stockton in Warwickshire, said: “We are really excited to bring these plans forward. This is a fantastic location for industries to be based given its location next to the A45 with connectivity to the national transport network including the M45, M1, M40 and M6.

“There are ambitious plans in this area to create a Gigafactory on the site of the current Coventry Airport too, and we see this as a scheme which works in tandem with that to encourage and support the growth of industries and the economy in this region, creating a real hotbed for business.”

Mike Vining, Land and Development Director, added: “The current site, as it is, is not functional and does not make the most of the space as it should.

“This is a real opportunity to create a more practical space to meet the demand for smaller industrial space, with the potential for nine new businesses to establish themselves in this area, bringing with them new jobs, skills and business.”

Plans have been drawn up with the support of architect Wendy Griffin from Nicol Thomas, and – if approved – work could start in Spring 2023, ready for completion in early 2024.

The site, on the Stonebridge Trading Estate, on Rowley Drive, has been owned by The Wigley Group since February 2015.

Peter Davison is deputy editor of The Business Magazine. He has spent his life in journalism – doing work experience in newsrooms in and around Bristol while still at school, and landing his first job on a local newspaper aged 19. By 28 he was the youngest newspaper editor in the country.

An early advocate of online news, he spent the first years of the 2000s telling his bosses that the internet posed both the biggest opportunity and greatest threat to the newspaper industry and the art of journalism. He was right on both counts.

Since 2006 he has enjoyed a career as a freelance journalist. He lives in rural Wiltshire with one wife, two children, and three cats.

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