Industrial estate full after latest letting

An industrial estate in Lye has reached full occupancy after a recent letting.

MG Shopfronts has taken Unit 1B, 19,701 sq ft, for its new premises on a 10 year lease at Morgan Rushworth Industrial Estate.

The unit comprises warehouse and integral offices with a shared yard.

Harvey Pearson, director at Hexagon Commercial Property, said: “Having only been instructed in August, we are thrilled to have delivered on our client’s requirements by getting the property let so quickly and on attractive terms to a well-established business. We are delighted to have let the only empty unit at the estate whilst meeting the requirements of the occupier who was looking for a well-appointed space in the local area.

“Covid-19 has obviously impacted on local businesses, occupiers and real estate, however there is still confidence in the market.”

Mark Greenfield, director of MG Shopfronts, said: “We decided back in January of this year to set up our new company MG Aluminium Solutions to run alongside our long-established company MG Shopfronts.

“At the time we did not foresee the Covid-19 pandemic so to now be moving into larger premises to deal with the growth of MG Aluminium Solutions is beyond our wildest dreams.

“We have exciting plans for both companies and we are looking forward to our new showroom launch in early 2021.”

Click here to sign up to receive our new South West business news...
Close