Deals secured for entire Coventry site

Deals for more than 150,000 sq ft of industrial space have been secured at Bayton Road Industrial Estate in Coventry in one of its biggest combined lets of the year.

Commercial property specialist Bromwich Hardy has secured assignments and a letting of a large, combined space at Bayton Road in Exhall formerly occupied by the Premier Group.

Bromwich Hardy partner James Brookes said four of the units had been let to wholesale company Energile under two separate deals, while the fifth had been taken by Coventry Metal Craft.

“In terms of a combined letting, this is amongst the biggest and most complex deals we have completed this year and will realise a particularly strong combined rent of around £840,000 a year.

“It’s also particularly satisfying that an agency with its roots in Warwickshire and the West Midlands has been able to secure these deals rather than a big national firm.

“It shows the value of specialist knowledge of both the area and the market and the importance of good contacts and commercial awareness.

“Energile have just taken an assignment of units C and D having previously already taken units A and B, whilst Coventry Metal Craft have signed a ten-year lease at unit E.

“The whole site runs to 150,097 sq ft so represents a significant amount of space being brought back into commercial use, which is good for the companies involved and the wider economy.”