TECH FIRM SECURES TELFORD INDUSTRIAL PREMISES

Commercial agents at Harris Lamb have let a Telford industrial unit with excellent transport links to a technology design and manufacturing specialist.

Harris Lamb reported significant interest in the 25,976 sq ft building on the Stafford Park Industrial Estate, which the Agency team was instructed on by existing leaseholders Preston Innovations. 

Matthew Tilt, of Harris Lamb’s Telford office, said: “We were approached by Preston Innovations, suppliers of premium fishing equipment, to advise on their exit options at Grant House on Stafford Park 12, which had become surplus to their operational requirements.

“Comprising of a warehouse with 5.9 clear internal haunch height, ground level loading doors, and two-storey offices, the property was well-placed to generate a lot of interest from potential new occupiers keen to capitalise on its specification and its key location – sited less than a mile from Junctions 4 and 5 of the M54, the property provides easy access to the wider motorway network.

“With our client’s lease expiring in June 2027, we were instructed to settle an outstanding rent review with the Landlord and then identify a new Tenant to take the building for the remainder of the lease term. We were aware of VA Technology’s requirement for space and are pleased to have successfully concluded an assignment that satisfies both parties’ objectives.” he said.

VA Technology is a world-class provider of technologically advanced systems and equipment for the investment casting industry, specialising in the design, manufacture, installation and servicing of its products.

For details of other industrial opportunities within the region, contact Matthew at matthew.tilt@harrislamb.com.