Southam Business Park a sell-out

THE new £2m Insight business park at Southam is full up, according to Leamington-based commercial property consultants ehB Commercial.

All 21 units on the 24,000 sq ft development have now been sold or let and some companies have already moved in, said Simon Hain, a director of ehB.

“Insight Park has been a great success, especially when you consider the economic conditions over the last few years,” he said.

“We sold more than half the scheme off plan at the beginning and now all the remaining units and plots have gone too. This is real evidence of the positive movement in the small business unit sector.

“There are still six units left to build – and the whole scheme will be completed by September.”

One of the latest companies to move in is the PDS group, which includes Production Design & Supply (PDS), PD Seating and Toolbay UK.

The main company, PDS, is a specialist consultant, designer, supplier and installer of manual production and assembly line equipment for blue chip companies operating in, among other fields, medical, aerospace, military and automotive. Clients include Siemens, Nokia, BAE Systems and Varian.

One of the first companies to move in this year was Niko, a UK manufacturer of lifting equipment and conveyor systems, which exports as far afield as Asia and the United States.

Niko bought a 7,600 sq ft manufacturing unit and has invested £625,000 in the new site.