Tenant sought for 206,000 sq ft warehouse

A 206,424 sq ft warehouse building in Tewkesbury is available to let.

COMPAS5, in Ashchurch, includes a triple bay warehouse facility as well as a two-storey office block, yard areas and a large separate car park.

The property is situated within the Ashchurch employment area and is being marketed by leading property consultancy Fisher German along with joint agents CBRE.

Rob Champion, of Fisher German, said: “The beauty of this building is that it occupies a strategic position close to a motorway junction, but benefits from road links in all directions.

“Tewkesbury has a large resident population which is further expanding with new development and this good local labour supply together with excellent road links makes it an attractive proposition for occupiers.”

Phil Cranstone, director and head of industrial and logistics for CBRE in the South West, added: “The warehousing market is currently very strong, however much of the available stock is more modern and therefore more expensive.

“COMPAS5 is slightly older and therefore represents a discount to much of the competition in terms of rent and rates without compromising on quality while benefiting from a first-class location.”