Acting on behalf of the Minton Group, Colliers International has negotiated a leasehold deal for a 59,391 sq ft warehouse in Melksham, Wilts.
The detached unit, which is located on Lancaster Road at the Bowerhill Industrial Estate, has been let to Westbury Packaging on a 15-year lease with breaks at six and 10 years. There is also an option to purchase during the first six months.
Tom Watkins of the Industrial and Logistics team in the Bristol office of Colliers International, said: “This is a particularly substantial unit for this area, and it attracted attention from prospective leaseholders and purchasers with businesses in locations including Bath, Trowbridge, Frome, Westbury, and Melksham itself.”
Set in a self-contained site of 2.37 acres including parking, loading and yard areas, the unit was previously occupied by Cooper Tyres, which has relocated to Swindon. The property was subsequently extensively refurbished by The Minton Group.
It comprises a covered loading bay with seven roller shutter loading doors, plus an attached single storey office block.
Colliers international acted jointly with local agents Myddelton & Major on behalf of the Minton Group. Westbury Packaging was unrepresented.