New SME space in development around the city and county
Around Warwickshire and the city of Coventry there is estimated to be at least 20m sqft of industrial space recently delivered or in the process of being brought forward, including land allocated for West Midlands Gigafactory.
Of this, just circa 1million sqft, or 5%, is earmarked for units for small and medium sized businesses. We feature here a number of schemes that are in development around Coventry & Warwickshire that are contributing to address this imbalance.
Sucham Park, Southam
Sucham Park is set to deliver nine light industrial units, ranging in size from 1,900sqft to 15,000sqft. The 42,000 sq ft development will be completed in November 2023 and will produce space to suit a range of businesses. The site at Holywell Business Park forms part of the established Kineton Road Industrial Estate and will bring into use land that has remained unused for many years. The scheme is being developed by Warwickshire Property Development Group, WPDG, the arms length property development company of Warwickshire County Council. https://www.wpdg.co.uk/suchampark
Space Park, Leamington Spa
Space Business Centre is an ultra-low carbon business centre development comprising of 61 commercial units in Tachbrook Park. The units range in size from 200 sq ft to 750 sq ft for industrial, storage or distribution, and commercial, business and service uses with car-parking, an access road and a perimeter fence. The scheme is being developed and operated by developer AC Lloyd, and this is the final plot left to develop at Tachbrook Park. https://www.aclloydspacebc.com/warwick/
Holbrook Park, Coventry
Holbrook Park is a development of new trade/warehouse and industrial units located on Holbrook Lane, a well-established industrial area in Coventry, close to the A444, and available on a leasehold basis. The new development is a brownfield regeneration of the former Meggitt facility, where Meggitt relocated to a purpose-built new facility on Ansty Park. The Holbrook Park development comprises 17 new trade/industrial/warehouse units, ranging from 2,466 – 40,118 sq ft. The scheme is being developed by Chancerygate. https://www.holbrookparkcoventry.co.uk/
Exhall Gate, Bedworth
Exhall Gate is a brand new development of ten high quality production and industrial units totalling 78,187 sq ft (7,263.81 sq m) with units available from 2,000sqft to 27,500sqft. The units will be completed by October 2023. The scheme follows on locally from a similar low density development Loades Ecoparc. The developer is Barwood. https://www.propertypilot.co.uk/pdf/366+1474.pdf
Cadle Pool, Stratford-upon-Avon
New units constructed from steel portal frame design providing flexibility to create ten smaller units of circa 2,200sqft, or one large unit of 25,758sqft. Each unit will have a roller shutter door, pedestrian door, power floated concrete floor, internal toilet, kitchen and offices can be built internally subject to lease length and tenants’ requirements. https://www.westbridgecommercial.co.uk