Two industrial premises released by freight group’s expansion
A freight group’s expansion in Redditch means that its former properties in the town are now up for rent or sale.
Avon Freight Group has signed up to a 93,720 sq ft unit at Velocity 42, releasing two properties.
The first building is a modern factory or warehouse extending to 84,343 sq ft at 29 Heming Road, on the Washford Industrial Estate, which can be rented for £435,000 per annum or bought for £5.5m.
Ian Parker, joint managing director at John Truslove, said: “This property is located on the very popular and established industrial estate at Washford, which provides excellent access to all areas of the town and the nearby A435, leading directly to the M42 motorway.”
The second building is Unit 2 at Acanthus Park, on Acanthus Road in the Ravensbank area, which extends to 50,443 sq ft and is available for a rent of £302,658 a year.
Parker added: “This property at Acanthus Park was the last major hi-specification development in Redditch before Velocity 42, and it represents one of the best buildings of this size that’s available across the whole Midlands.
“We are already getting enquiries for both sites because of Avon’s move, which shows how good space for Redditch is much in demand.”
Meanwhile, Simon Poole, managing director at Avon Freight Group, described how the firm’s expansion needs were being met by its move to Velocity 42.
He said: “This will allow us to not only continue in partnership with our current clients as their needs grow but also to offer a state of the art, new build storage facility for new clients.”
