Three new lettings have been announced at the 254,000 sq ft Holbrook Park urban logistics development in Coventry.
Situated off Holbrook Lane and Swallow Road on the former Meggitt aerospace factory site, the development comprises 31 leasehold units ranging from 2,485 sq ft to 40,120 sq ft. It has a gross development value of around £35m.
The three new occupiers are fruit and vegetable supplier, Freshest Greengrocers, leading audio visual solutions provider, GVAV, and mobility aids shop, CareCo, which has taken two units at the development.
Holbrook Park is owned by a joint venture between Chancerygate and specialist sustainable and impact investor Bridges Fund Management.
In addition to the three lettings, two further units are currently under offer, with strong interest being expressed by potential occupiers for further accommodation at the scheme.
All properties at Holbrook Park benefit from electric vehicle charging points and include solar panels providing green energy.
Occupiers at the scheme include assembly and fastening material manufacturer Wurth, bathroom product supplier Clifton Bathrooms, smart energy solution specialist Kelvatek and trophy manufacturer TrophyMe.
Holbrook Park is located two-and-a-half miles from the centre of Coventry and provides good access to junction 3 of the M6. It forms part of a large mixed-use commercial and residential development, which also includes 499 new homes.
Chancerygate development manager, Rob Watts, who is based at the company’s Birmingham office, said: “We are very pleased to have secured these three new lettings at Holbrook Park, with two further units also now under offer.
“There is strong demand for Grade A, sustainable urban logistics accommodation across the West Midlands. Our development is best placed to satisfy this demand and provide occupiers with high-specification space in a well-connected location.
“We continue to see high levels of interest in the remaining units at the scheme, so encourage any interested parties to get in touch to learn more about the available space.
Bridges is a specialist sustainable and impact investor. Its property funds focus on sectors that support the transition to a more sustainable and inclusive economy, including healthcare, lower-cost housing and sustainable logistics.
Guy Bowden, partner at Bridges Fund Management, added: “We’re delighted to see companies locating to this exciting new development, built on what was previously a brownfield site. We expect to conclude further lettings soon, attracting further employment to the region.”
Agents for Holbrook Business Park are Avison Young, Darby Keye and KWB
You can learn more about Chancerygate’s live projects here.