Top rate for warehouse as strong demand continues

One of the best rates for industrial warehousing in Leamington Spa has been achieved.

Unit 11 T1300 at Tachbrook Park has been let on a 10-year lease to Naturally Baby. The 2,033 sq ft unit is one of 15 that make up T1300.

Bromwich Hardy graduate surveyor Sam Cooper, who completed the lease deal, said: “The £13 per sq ft achieved on this site is thought to be a new record rent for industrial warehousing in Leamington.

“This is the last of three units I have let for this landlord over the past six months and it shows that demand is still very high for top-quality and well-located properties.

“Well-equipped units with great sustainability credentials are scarce in the area and demand is outstripping supply.”

Cooper added: “The T1300 development has proved very popular and is now fully occupied. The wider Tachbrook Park site is home to some very big names, including JLR, and there has been no shortage of interest in this prestigious development.”