Two of six newly-refurbished industrial units at Stover Trading Estate in Yate are already under offer, with interest growing for the remainder, according to letting agents Knight Frank.
The terrace of six units, each just over 2400 sq ft in size, has recently been redeveloped for use by small and medium sized companies in a £250,000 programme which has included new roofing, new level access loading doors, and enhanced environmental credentials such as LED lighting and modern insulated cladding.
Knight Frank and JLL have been appointed joint letting agents on the development by landlord Royal London Asset Management.
Rhys Jones, from Knight Frank’s Industrial & Logistics division, said: “Although the pandemic is affecting everyone, the demand for trade counter space is at a tremendous level as small companies seek to fill the growing consumer demand. These units fill the niche perfectly, offering modern premises with good access to South Gloucestershire and North Bristol, as well as the nation’s motorway network.
“The individual units can be combined if required to accommodate larger requirements.”
Stover Trading Estate in Yate is a strong and established commercial centre, five miles north of the M4 motorway and with Junction 14 of the M5 also within easy reach. The town’s strategic location has established a strong reputation in the industrial and trade counter market, and has attracted a number of significant trade counter operators including Screwfix, Plumb Centre and Jewson. Toolstation also recently moved to the Stover Trading Estate.
