White Commercial Surveyors and their joint agents on behalf of db Symmetry and British Airways Pension Fund have let a brand new 235,000 sq ft warehousing unit fronting the London to Birmingham M40 motorway on the 1.3 million sq ft Central M40 development.
An estimated 600,000 vehicles pass the building on the M40 every week.
The unit has been let to international food company Hello Fresh.
On the success of this letting the developer is submitting tenders to build two new speculative industrial buildings (Units 7 & 8) of 75,000 – 170,000 sq ft which will be available in the third quarter of 2017.
Further design and build opportunities are available from 50,000 sq ft to 700,000 sq ft. Quoting rents are currently £6.25 per sq ft with leases in excess of 10 years with a ‘fit out’ incentive also available.
White Commercial Surveyors joint agents include CBRE and Colliers offices in London and Birmingham.
