Harris Lamb completes letting deals on Birmingham industrial parks
PROPERTY agent Harris Lamb has successfully concluded two new lettings at separate industrial estates in Birmingham.
The deals bring both sites up to full occupancy – but also highlight the current shortage of such space in the area.
Acting on behalf of landlord Industrials.co.uk, the consultancy’s industrial agency team has let the final units on Argyle Business Centre and Cuckoo Trade Park, both in Aston.
One has been leased to food service provider Eating Plans, with engine remapping specialist Ultimate Remaps taking the other.
Alex Eagleton, of Harris Lamb said: “Both of these business parks, along with Wainwright Street Industrial Estate & Wharton Street Industrial Estate, were purchased by Industrials.co.uk in October last year, and the client tasked us with overseeing lettings at the sites.
“We’re delighted that all four estates are now fully let. Ultimate Remaps, which offers a nationwide engine remapping service, were attracted to the Cuckoo Trade Park on account of its excellent main road frontage and the high-quality refurbishment of the units.
“Eating Plans recognised its new 1,255sq ft unit at the Argyle Business Centre was an ideal distribution hub, thanks to its immediate access to junction six of the M6 and the nationwide access it facilitates.”
Mr Eagleton said there appeared to be a common theme now that space at established multi-let estates was in increasingly short supply and these lettings had further diminished that supply.
“More than ever, there is a growing need to find new sites to meet the ongoing demand,” he said.
Simon Ross, asset manager for Industrials.co.uk, added: “There lettings evidence the strong demand for good quality industrial product in highly accessible city fringe locations.
“We are extremely pleased to now have all four estates in Aston fully occupied and we remain committed to acquiring similar industrial stock throughout the UK to continue to offer high quality industrial space to the market.”
