HARRIS LAMB COMPLETES HAT-TRICK OF INDUSTRIAL DEALS TO FLEDGLING FIRMS

Commercial agents at Harris Lamb have overseen a hat-trick of Birmingham industrial lettings to small businesses establishing a foothold within the region.

The deals saw two units at City Trading Estate off Icknield Square in Ladywood, and one property on Chelmsley Wood Industrial Estate let to three start-up businesses.

Ashley Brown, of the business’ Commercial and Industrial Agency team, said that the trio of deals was an encouraging sign at a time when companies were reticent to commit due to global uncertainty.

TM Food Corporations Ltd, a national distributor of fresh dates, has been secured as the occupier of Unit 14 Chelmsley Wood Industrial Estate, a 2,050 sq ft opportunity with loading and parking within easy reach of the UK motorway network courtesy of Junction 4 of the M6, which lies two miles away.

Elsewhere, Units 12 and 13 at City Trading Estate, at 1,410 sq ft and 1,188 sq ft, have been let to a flooring company and an e-commerce specialist. A popular site due to its location just half a mile from Birmingham City Centre, the estate comprises of 14  units with 3.6m working heights, loading and car parking, and has recently undergone a full refurbishment programme.

Ashley Brown, who oversaw the lettings, said: “The small multi let market has been tough in recent months given the current economic situation and wider political unrest. These deals have been agreed with fledgling companies, demonstrating that occupiers do have intent to progress despite unstable times, a very positive sign that is encouraging to see in the current climate.

“Both of these estates have well equipped warehouse and starter units suitable for a range of businesses, and their facilities and excellent access links make them a great fit for start-ups seeking a prominent central location to operate from.”

Further details on opportunities at both estates can be requested from Ashley on ashley.brown@harrislamb.com.