Avon Freight Group signs for 94,000 sq ft at Redditch business park

11th October 2019

The letting is the second at the park owned in a joint partnership by St Francis Group and the Richardson family. The logistics operator is expected to occupy the space immediately to store food products.

Design and manufacturing company Heartbeat UK recently bought a 45,500 sq ft unit at the development. The three remaining units in the scheme range between 55,000 sq ft to 85,000 sq ft and are ready to let.

“We are delighted to announce the signing of a second occupier so soon after completion of the scheme,” said St Francis Group’s development director, Gareth Williams, noting this bolsters the decision to develop the units speculatively.

“The three remaining units are attracting the interest of occupiers with requirements along the M42 corridor,” he added, “and I expect a third announcement will follow soon.”

Savills and JLL represented St Francis Group and the Richardson family. John Truslove advised Avon Freight Group.


Source https://www.propertyweek.com/news/avon-freight-group-signs-for-94k-sq-ft-at-reddich-business-park/5104623.article