News Archive

Strong demand for Coombs Wood Business Enterprise Units

St Modwen Developments Ltd, the development subsidiary of St Modwen Properties PLC, is generating strong demand for its business enterprise accommodation on the successful 43-acre Coombs Wood Business Park, Halesowen.

Stannah Lifts Services has acquired the long leasehold interest on four units totalling 331 sq m (3,564 sq ft) for £285,120. Interior Direct Systems UK Ltd has taken a three-year lease at £12,000 per year on two units totalling 139 sq m (1,500 sq ft), and BSCL Communications (South West ) Ltd, is renting a 70 sq m (750 sq ft) unit on a five-year

lease at an annual rent of £6,113.

More than half of the units have now been taken leaving available 2,250 sq ft in three units of 70 sq m (750 sq ft) plus a 83 sq m (891 sq ft) unit. Another 83 sq m (891 sq ft) unit is under offer.

Rupert Joseland of St Modwen, said: “These units are providing flexibility of size and lease range for new and growing SMEs (small and medium enterprises).”

Jarvie Bedhall Dixon is letting agent for St Modwen.

For further information contact Rupert Joseland of St Modwen on 0121-456-2800.

Issued by Paul Raymer of Howle Chapman Raymer (0121-236-7771).