Coventry for City Link

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Parcel delivery company City Link has taken a sub-lease on a modern warehouse at Silverstone Drive, Gallagher Business Park in Coventry from STP Group.

The unit extends to 42,125 sq ft and has a steel portal frame, an 8m clear eaves height and a floor loading of 37.5kN/sq m. It has four ground loading doors, a 400 KVA electrical supply as well as a canteen.

City Link will be using the unit as a regional distribution hub. It has secured a sub-let on a ten-year lease, with a five-year break, at a rent of £212,731 a year. Jones Lang LaSalle & North Rae Sanders acted for STP Group. DTZ represented City Link.

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