Chancerygate has acquired a portfolio of four industrial units totalling 24,888 sq ft at Henley Industrial Park in Coventry for £2.56m.
The four units, ranging in size from 4,537 sq ft to 8,012 sq ft were acquired from Midlands-based property, development and construction company, The Wigley Group.
The units’ occupiers include the UK’s largest retailer of trade tools, accessories and hardware products, Screwfix, hydraulic valves manufacturer, Atlantic Fluid Tech, commercial cleaning company, IC Solutions 24/7, and manufacturing fasteners and tools provider, Fastenal Europe.
Located off Henley Road in the Henley Green area of Coventry, Henley Industrial Estate is situated 3.5 miles north-east of the city centre and 1.5 miles from Junction 2 of the M6 and M69 Interchange, which provides direct links to Birmingham and Leicester.
George Jerram, asset manager at Chancerygate, said: “Henley Industrial Estate is a well-established logistics and warehousing scheme in an excellent location and we’re very pleased to have secured these four units from The Wigley Group.
“The acquisition is further evidence of our appetite to invest in the region and allows us to expand our existing portfolio of industrial schemes across the Midlands, which already includes sites in Birmingham, Coventry and Sutton Coldfield.”
You can learn more about Chancerygate’s developments across the UK here.