Prime Point unit completed three months early
The first unit at the multi-million pound Prime Point commercial development in the Black Country has been completed three months ahead of schedule.
The 20,000 sq ft unit – Building A – has been built speculatively by Prime Point owner LCP. It is situated at the property company’s flagship Pensnett Estate and is ready for occupation.
The adjoining Building B, a 30,000 sq.ft unit, has also been built but has been left as a shell so incoming tenants can work with LCP on bespoke fit out requirements.
To ensure flexibility, LCP has designed Prime Point so that both units can be let in multiples of 10,000 sq ft.
Andrew Preston, industrial portfolio manager of LCP, said: “The contractors have been progressing very well indeed with the development of Prime Point and we are now three months ahead of schedule for the completion of the first unit.
“We’ve also been pleased by the response to the marketing of the site, the level of enquiries we’ve received since we launched the development has been extremely positive.”
LCP has appointed agents Bulleys and Lambert Smith Hampton to market the site. The agencies said they had been fielding inquiries from a number of interested parties.
Already, Really Useful Products, which manufactures storage boxes for business and home, has signed a deal to move to a 31,000 sq ft bespoke building on another part of the Prime Point development.
LCP has received support on the development from the Black Country Local Enterprise Partnership (BCLEP).
Pictured outside Building A are, from left: Max Shelley, of Bulleys, Harry Lea, LSH, Noel Muscutt, also Bulleys, Andrew Preston, LCP, James Bird, Bulleys and Matthew Tilt, LCP.