AUTOMOTIVE EXPERTS ANDREW PAGE TAKES 10-YEAR LEASE AT ST. MODWEN’S GREAT WESTERN BUSINESS PARK
St. Modwen has agreed a 10 year lease for the 6,435 sq ft Unit 402 at its Great Western Business Park with Automotive parts distributor Andrew Page Ltd.
The unit, which will be used as a distribution centre, will benefit from the 23-acre park’s key location within the West Midlands, situated just three miles from Junctions 6 and 7 of the M5 and only a five minute walk from Shrub Hill Station and Worcester City Centre.
Julie Rossiter, senior asset manager for St. Modwen, said: “Throughout 2010 we saw a succession of deals completed at Great Western Business Park and St. Modwen is delighted to be welcoming Andrew Page to this growing community of businesses. This letting is testament to not only the benefits offered by the park itself, but also to Worcester’s growing status as a location that offers considerable advantages to today’s businesses.
“By providing quality new industrial storage and warehouse space in a secure business park environment, Great Western Business Park has definitely played a role in the city’s success and our focus for 2011 is to continue to liaise with potential occupiers for the last two units.”
Andrew Page Ltd has been distributing automotive parts throughout the UK for 65 years, with distribution centres in 53 locations nationwide.
Ayaz Mahmood, Regional Sales Manager, Andrew Page Limited, said: “As a distribution company, we found the location of Greater Western Bank Business Park to be ideal, situated right on the national motorway network and putting us within easy reach of our customer base. These units are of outstanding quality and in a great setting and I am extremely happy that we have occupied a space in what is quickly becoming a prestige location.”
Demand for space at Great Western Business Park has been extremely high due to both the high quality of the build and the location, with 15 of the Park’s 18 units – which comprise the first phase of the development – sold or let to tenants.