Phi Lighting lets premium space on Kineton Business Park

Phi Lighting has taken a 6,000 sq. ft. warehouse and office building at Brook Business Park marketed by Drake Howard Property and Brown & Co.

The Kineton business park has proved to be a popular rural destination for businesses, with high specification buildings near the Jaguar Land Rover and Aston Martin plants as well as the M40 motorway.

Phi Lighting has been engaged in the design, development, manufacture and sale of high-quality, design-led lighting products and systems since 2003. The move to 9 Brook Business Park is the result of continuing growth for the company.

Managing director Jon Dale said: “We have seen significant expansion in recent years and the move to bigger premises is a reflection of our success in developing new lighting products and a strong order book.”

Welcoming Phi Lighting to the estate, Martyn Howard, director of managing agent Drake Howard Property also congratulated the developer/owner MI Limited, on maintaining 100 per cent occupancy over the past ten years, at rents equivalent to prestige commercial developments in Warwick, Leamington Spa and Coventry.

Mr Howard added: “These units were built to the highest specification to provide a real alternative to established estates in the sub-region. Brook Business Park carries significant benefits of fast broadband, low business rates and congestion free roads - Phi has definitely found the perfect location.”