Property & Construction

Top rate for Leamington Spa warehouse as strong demand continues

Published by
Nicky Godding

One of the best rates ever for industrial warehousing in Leamington Spa has been achieved by commercial property agents Bromwich Hardy.

Unit 11 T1300 at Tachbrook Park has been let on a 10-year lease to Naturally Baby Ltd, which sells ethical children’s products including wooden toys, organic clothing, slings and cloth nappies.The 2,033 square foot unit is one of 15 that make up T1300.

Bromwich Hardy graduate surveyor Sam Cooper, who completed the lease deal, said: “The £13 per square foot achieved on this site is thought to be a new record rent for industrial warehousing in Leamington.

“This is the last of three units I have let for this landlord over the past six months and it shows that demand is still very high for top-quality and well-located properties.

“Well-equipped units with great sustainability credentials are scarce in the area and demand is outstripping supply.”

Sam added: “The T1300 development has proved very popular and is now fully occupied. The wider Tachbrook Park site is home to some very big names, including JLR, and there has been no shortage of interest in this prestigious development.”

Nicky Godding

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.

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