Brand new industrial units in Worcestershire being marketed by commercial property agents John Truslove are proving popular with 70% having been snapped up, leaving only the final five for sale.
The first five of 16 units at The Boulevard, Bromsgrove, have completed with a further six under offer.
John Truslove is the sole agent for the high quality commercial units at Buntsford Gate Business Park.
Ian Parker, joint managing director of John Truslove, said: “The success of The Boulevard demonstrates the demand for units offering modern space ranging from 1,301 sq ft to 2,584 sq ft – a very popular sector of the market.
“They are ideal both for growing SMEs and national and Midlands firms looking for a West Midlands looking for a strategically placed regional hub.”
The freehold units have 6.1m eaves height and have planning permission for B2, B8 and E uses.
Businesses that have purchased the first five units include DH Lifts, which has taken Unit 5, Unit 15 has been bought by the directors of Bloxwich Transport & Container Ltd and Indusvent Ltd has secured Unit 4.
Earlier this year, a private investor has purchased and completed on Unit 6 The Boulevard, Bromsgrove, a 1,317 sq ft unit. The unit achieved £15,000 over the asking price following the addition of a mezzanine floor by developer Horgan Commercial at the purchaser’s request.
The Boulevard is the first industrial development by Horgan Commercial – the company, based at Lydiate Business Park, Lydiate Ash, Bromsgrove is already an established developer of elegant, design-oriented residential properties.
Ian Parker added: “The location of The Boulevard has certainly been a major factor in the success of this development and proves once again that north Worcestershire is a key industrial and commercial location at the heart of the country and the national motorway network.”
Buntsford Gate is conveniently located for Birmingham Airport, the national rail network and the Midlands motorway connections to the rest of the UK. The development is south-east of Bromsgrove town centre, with easy access to the M5 at Junction 5, (four miles) or Junction 4 (five miles) and Junction 1 of the M42 is just three miles to north via the A38.
Birmingham city centre is within approximately 30 minutes’ drive with Birmingham International Airport just 22 miles along the M42.