IM Properties (IMP) has secured yet another pre-let at Blythe Valley Park, junction 4, M42, to Rybrook Holdings – one of the largest privately owned new and used car retailer groups in the UK.
Warwickshire based Rybrook Holdings, which represents most major specialist and luxury franchises, plans to use the new 15,237 sq ft building as a hi-tech after sales and preparation centre for its Birmingham Rolls Royce, McLaren and Specialist Used Car retailer at Hockley Heath, Solihull.
Likely to open early in 2018, Rybrook’s letting is the second at Blythe to be announced in the last month, alongside Prologis’ new UK headquarters which will be built by IMP’s in-house project delivery team.
IMP’s development director, Lewis Payne sees the selection of Blythe as a huge fillip for the park.
Lewis Payne said: “Not only does the prelet demonstrate a confidence in the business park’s offering, but it also clearly reflects its excellent connectivity and ability to reinforce a top-class experience for Rybrook’s customers.
“The quality of the park both in terms of infrastructure and environment speaks for itself and this marries well with the expectation of Rybrook’s customers. We’re delighted Rybrook has chosen Blythe for this facility and we look forward to working closely with them on this exciting project.
“Further prelets and design and build options are already being discussed and we are confident our long term vision for the scheme is ticking all of the boxes for occupiers. ”
Peter Hemus, property director at Rybrook said: “Rolls Royce and McLaren are synonymous with high quality and exceptional engineering and Blythe Valley provides an environment in keeping with those attributes.
“Our customers are based over a wide geographical area and the adjacency of our new after-sales centre to the midlands’ motorway network and our showrooms at Hockley Heath will significantly benefit the efficiency of our business and the service we provide to our customers.”
Key occupiers at Blythe Valley include Arup, Caterpillar and Siemens, with Infor, EEF and Zenith all signing up to the newly refurbished, Grade A One Central Boulevard.
IM Properties, based in Coleshill, is one of the largest privately owned property groups in the UK, with an investment and development portfolio of circa £900 million across the UK, Europe and US.
