A YEAR on and there has been little industrial development serving the local and regional markets within the East Midlands.
At the beginning of 2016, several well-established commercial chartered surveyors wrote within their various and respective commercial publications that they were concerned about the supply of modern industrial accommodation.
Generally, the concerns remain, and while locally we have experienced some new development in Kettering at Orion Way and indeed in Northampton by the same developer, Tungsten Properties, there has been little else.
The real estate factors that companies generally consider in their property requirements is that of location and communication links. Corby offers both good road network links to the arterial roads and major road network, plus an improving rail link to London. Investment into Corby continues with retailers such as M&S and Wickes now trading and proposed new retail stores at Oakley Hay.
The availability of modern industrial accommodation within Corby is reflective of the rest of the region, with demand pressure for units of 5,000 sq ft – 20,000 sq ft (464.5 – 1,858 sq m) rising.
Berrys are shortly to bring to the market a good quality industrial unit at Cronin Road in Corby. The building is arranged over ground and first floors and comprises approximately 33,000 sq ft (3,065.7 sq m). Situated at the corner of Weldon Road and the A43 (Bangrave Road South) the property offers good profile to the road network.
The property is available on either a freehold or leasehold basis and can also be divided into smaller units. The construction of the property allows companies to utilise the upper floor accommodation and the ability maximise efficiencies for storage and office space. The property also benefits from loading access and on-site car parking.
Further information on this opportunity can be obtained from the sole agent Berrys. Contact Simon Parsons on 01536 213169.