STOKE TRADE PARK CLOSE TO FULL CAPACITY FOLLOWING A STRING OF LETTINGS

Agents at Harris Lamb have reported high levels of interest in opportunities at a Stoke-on-Trent trade park, where just one unit remains following a series of lettings at the site.

Work on Etruria Trade Park, which comprises of two terraces of brand new trade counter units ranging from 3,028 to 4,913 sq ft, completed last year, with the business being instructed by Stoke on Trent City Council to market the scheme.

Becky Thomas, of Harris Lamb’s Stoke office, said: “We have had a lot of interest in these opportunities, and have just one empty unit remaining at the park as a result of the take-up at the site.

“A combination of location, availability and specification means that over the past year we have let 21,524 sq ft of space at the site, with a further 19,637 sq ft under offer. Etruria Trade Park is located within the Enterprise Zone and is part of the established Festival Park business district, offering excellent access links by way of its close proximity to the A500.

“The units have all been constructed with an eaves height of 6m and loading access via an electric roller shutter door, while benefitting from allocated parking and communal loading areas. The site also has four vehicle charging bays to accommodate electric cars,” she said.

Becky added that access to the scheme will be further improved when the Etruria Link Road is constructed, linking Shelton Boulevard, where the park is sited, to the A500 at the Wolstanton junction.

Becky said: “The quality of the scheme has led to a string of lettings at the site, with a diverse range of new occupiers including Moto Hub Engineering Limited, The Belgian Beer Company, Small Batch Cocktails, bathroom specialists Robert Pochin Ltd and most recently Quality Transport Training Ltd and repair and replacement experts Allscreens Nationwide Ltd, with leases achieved ranging from five to 10 years.

“In addition, four further units are under offer with the new tenants set to take occupation for the new year, leaving just one opportunity, the 3,000 sq ft Unit 9, available to potential occupiers.

“We are delighted with the uptake at the trade park, which has thrived in spite of the uncertainty faced by retailers over the past 18 months, and based on the high enquiry levels we are currently experiencing around the final unit, we hope to have the estate fully let soon,” she added.

Deane Wakeling, Head of Business Development at Allscreen Nationwide Ltd, said: “Accessing high quality accommodation within the region is very difficult right now, with fierce competition, so we are extremely pleased to have secured a premises at this prime location.”

David Vaughan of Quality Transport Training added: “Our main criteria in choosing where to locate in the region was convenient accessibility, and the excellent position of Etruria Park within the Enterprise Zone more than fulfilled that requirement. Add to that the specifications of the properties, and we were very keen to secure our spot.”

Sebastian Sheehan of Stoke City Council said: “We have been impressed with Harris Lamb’s performance in marketing these opportunities. To have let so many properties at this park since it’s completion last year, in light of the many challenges presented by the pandemic, is a real achievement, and we are very pleased with the diverse range and the quality of the occupiers the team has secured.”