Business park full following two lettings

A West Midlands business park of 20 units is fully occupied following the completion of two lettings.

Sutton Coldfield-based Burley Browne has let units two and 12 at Tame Valley Business Centre, Wilnecote, Tamworth.

A three-year lease has been agreed with Cooleraid on unit two. The property extends to 1,000 sq ft of warehouse space and was the last remaining unit on the estate. It follows soon after terms were agreed for unit 12 with K Fleet Services on a five-year lease.

Faryal Sheikh, senior surveyor, said: “Our success at Tame Valley Business Centre is testimony to the active management role we have played. As well as the two latest deals setting the rental tone, I have undertaken a large and valued management exercise to bring consistency and organisation to how the park is managed.

“We have sorted out the service charges and outstanding rents, while handling lease renewals to provide lease term certainty and aligning rental levels with the new lettings.”

Ben Nicholson, senior associate director, said: “This is a very popular business park and we are delighted to announce that it is now fully let after we were able to find occupiers for the final two available units.

“These deals reinforce the continued high level of demand for this style of property which remains in short supply right across the region.”