Abbey Park, Stoneleigh, Warwickshire
KWB, acting on behalf of Pettifer Estates, provided development advice for a new business park comprising 225,000 sq ft in rural Warwickshire, to be known as Abbey Park.
A pre letting to AGCO (85,000 sq ft) for its new European HQ and Training Centre was acheived at a rental of £14.75 per sq ft for a 25 year lease subject to fixed increases.
Phase 2 (Building 500) will comprise a building of 21,640 sq ft and it is anticipated that 50% of this building will be pre let at rentals of approximately £18.00 per sq ft.
The remaining accommodation will be letting further phases with building sizes of between 10,000 - 30,000 sq ft.
Substantial occupiers have confirmed that they are particularly keen on this scheme due to its rural location and high degree of security.
Lancaster House
67 Newhall Street
Birmingham
B3 1NQ
Tel: 0121 233 2330
Fax: 0121 233 4773
Email: space@kwboffice.com
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