Avon Freight Group has signed a 15-year lease for 93,720 sq ft warehouse at St Francis Group and the Richardson family’s Velocity 42 scheme in Redditch.
Freight/logistics operator Avon Freight Group is already based in Redditch and is expecting to move in with immediate effect. The signing of the lease comes at a time of rapid business expansion and new client contracts for the company creating a requirement for additional storage capacity. The facility will be used to handle food products and can store 15,000 pallets
The letting is the second at the park with design and manufacturing company Heartbeat UK buying a 45,500 sq ft unit at the development in August. The three remaining units in the scheme range between 55,000 sq ft to 85,000 sq ft and are ready to let.
Savills and JLL represented St Francis Group and the Richardson family. John Truslove advised Avon Freight Group.
By Liza Helps