Retail technology company signs industrial park deal

A retail technology company has snapped up a prime site on an industrial park in Rugby.

Leicestershire-based digital signage, support and interactive promotions specialist Lime IT and Media Solutions has agreed a five-year lease on Unit 4 at Europark.

Tom Bromwich, founding partner of Bromwich Hardy, which acted for Europark, said:
“This is a prime site running to nearly 13,000 sq ft with excellent access to the motorway network, high-specification facilities and good-quality offices on one of the area’s most prestigious industrial parks.

“The Europark site is a beacon of excellence with some 350,000 sq ft of high-quality industrial units and we are delighted to have been able to conclude a five-year deal with Lime for this unit at £83,000 per year.

“There is no doubt that high-quality, well-maintained and superbly equipped units such as these will continue to attract a market despite the challenges which the Covid pandemic is setting.

“We look forward to Lime building on their success and enjoying continued prosperity at their new site.”

Bromwich said two further sites remained available to let at Europark.

Europark 44 is a recently completed 44,000 sq ft unit featuring a warehouse, offices, 45metre secure storage yard and car parking.

Meanwhile Unit 11 features a large, secure yard area with a range of five buildings running to 29,500 sq ft covering a total of more than 3.5 acres.

Coventry-based Bromwich Hardy is marketing the units along with Drake Commercial.