Up to 100 new jobs could be attracted to a Warwickshire town after a major property deal was completed.
The Wigley Group – a Warwickshire-based independent property development, investment and construction firm – has purchased the former Tichsa building on Northfield Road in Southam thanks to help from Bromwich Hardy.
The Coventry-based commercial property experts acted on behalf of the Wigley Group on the acquisition of the property and have been retained jointly with Wareing & Co to let the 40,000 sq ft building.
Bromwich Hardy partner Tom Bromwich said the site had already generated considerable interest.
“Manufacturing, engineering and logistics companies have already expressed an interest in the site, which is in a good location and offers excellent facilities in an area which has a shortage of such property.
“The nature of the site and its central location mean it will suit a range of purposes and we are certainly seeing evidence of that in the interest we have had so far.”
The modern high-bay building with offices is located on the main industrial estate in Southam and boasts an eaves height of approximately nine metres, rising to around 13 metres at the apex, making it an attractive space for large-scale storage and it is extensively racked.
It also includes a 2,000 sq ft mezzanine, two self-contained internal office blocks, goods yard and on-site parking with 46 spaces.
James Davies, of The Wigley Group, said: “We recently moved our headquarters into the Southam area and it has been brilliant for staff and for clients. We are in easy reach of Leamington, Daventry, Coventry and Banbury and there is great access to the regional motorway network.
“While we are always looking to add to our portfolio, we are very particular about our investments, but the attributes of the building allied with the advantages we have found being located in the area made this an attractive proposition – as we hope it will be for potential tenants.”
Further details regarding the lease are available through Bromwich Hardy on 024 7630 8900 and Wareing & Company on 01926 430700.