National joinery firm and diesel generator supplier move to Birmingham business park
Three units have been snapped up at a Birmingham business park as demand for industrial space throughout the region continues to rise.
National joinery, kitchen and bathroom specialists Howdens have signed a 15-year lease on two units at Frankley Industrial Estate in Tay Road, while diesel generator supplier Teksan UK has taken on a 4,900 sq ft warehouse at the site.
Tom Morley, director at Harris Lamb, said: “Demand for well-appointed, good-quality industrial space in the Midlands continues to outstrip supply, and the landlords of Frankley Industrial Estate recognised that requirement and invested in a refurbishment across the trade park to attract new occupiers.
“The investment has paid off with a number of lettings having been secured since the refurbishment completed. The most recent of these has seen Howdens agree a 15-year lease on units 18 and 19 at the site.
“It has been a fantastic result to secure another national trade occupier to the estate. They are in good company and join neighbouring trade business Screwfix, which occupies a unit on the same terrace on the estate.
“We’ve also just completed the letting of unit 8 to Teksan UK Ltd on a 10-year lease.
“Considering the high levels of demand and distinct lack of product of this standard within the region, units at the Estate are being marketed at a very competitive rental level. As a result, further warehouses are currently under offer and there are just three vacant opportunities remaining on the estate.”
Howdens was represented by Montagu Evans.
