Phone 02476 654321

High demand sparks upturn in new build industrial units

The demand for new industrial space across Coventry and Warwickshire is driving a new boom in supply, a leading commercial property expert says.

Andrew Cosnett, partner in award-winning Coventry-based agency Bromwich Hardy, says the firm has more new property on its books than at any other time since its launch just over a decade ago.

High demand sparks upturn in new build industrial units

Andrew, Warwickshire’s current Dealmaker of the Year, said the agency was currently marketing around 350,000 sq ft of newly-built or near-complete units across the region. Key developments include:

  • Blue Ribbon Park, Coventry, for client Harmsworth Pension Funds Trustees Ltd. 73,070 sq ft total build with units for rent only.
  • Spa Park Leamington (phase 1) for Stoford/Blackrock. A total of 130,000 sq ft is available for rent only.
  • T1300 Leamington Spa for A.C. Lloyd. Another 30,000 sq ft for sale or rent.
  • Europark 44 Rugby for RUL. Nearly 45,000 sq ft of development available for rent from this June.

“There is no doubt that the upturn in new stock coming on to the market is a reflection of the attractive dynamics of both Coventry and Warwickshire as a whole,” said Andrew.

“The region boasts an abundance of highly-skilled and semi-skilled labour and its role as the UK’s home of high tech automotive, battery technology and electric drive means it is a magnet for inward investment.

“In terms of commercial property, the market is offering some attractive returns with good rental growth prospects and there is a clear trend now for investment funds to seek a return on industrial and logistics development in place of the more traditional retail route.

“There remains a shortage of good quality new stock, but the region’s location at the heart of the nation’s transport infrastructure and the high quality of life here means it remains an attractive proposition for both industrial and investment clients.”

For more details of the properties visit the Bromwich Hardy website at

Pictured:  Andrew Cosnett


Want the latest Coventry & Warwickshire business news delivered straight to your inbox every Monday? Click here to subscribe to our weekly Chamber News e-zine...

Close Menu
Close Panel

Contact Us

If you have a question you would like to ask, please use one of the following contact methods below:

Phone 024 7665 4321
Fax 024 7645 0242

Coventry and Warwickshire Chamber of Commerce

Chamber House, Innovation Village

Cheetah Road

Coventry, CV1 2TL


Click here to view a map of our location for directions.

Search here

Join Us

Join Us

Join today and access a range of benefits to help you connect, cut costs, promote and grow your business.



* indicates required