A £3.9million warehouse development known as Crescent Trade Park in Redditch’s Moons Moat district is the latest commercial real estate scheme by A&H Construction & Developments completed with advice from law firm Lodders.
Lodders’ Alastair Frew, a commercial property specialist and partner in the firm’s Real Estate practice, provided legal advice on the acquisition of the land in Redditch, a former car park, in March 2017, that paved the way for the construction of the new 24,000 sq. ft. commercial and industrial warehouse project.
Mr Frew has previously provided legal advice to A&H Construction and Developments Ltd, a major privately-owned construction company based in Halesowen, on a number of commercial property schemes, and acted for David MacMullen of MacMullen Associates Limited, the development managers for the Redditch project, for almost two decades.
He is now retained by A&H to provide legal advice and documents for the letting of the Crescent Trade Park warehouse’s eleven units.
This has already included acting on the letting of two units to Greggs and Subway respectively, and also the sale of the first of the industrial units. Nine units from 1,500 to 6.000 sq ft remain available, and Lodders will act on these too.
Agents Bromwich Hardy and KWB are marketing the £3.9million scheme.
Alastair said: “This commercial and industrial development on Crescent Trade Park is a major scheme for Redditch and Worcestershire. Development of the site wasn’t without its challenges – for example a small stream had to be redirected before construction work could commence – but the result is a prestigious, high quality, new build scheme in a prime location for the local business and commercial community where the developers are able to offer leases – and sales for businesses who want to buy their own property.
“I am proud to continue my working relationship with David and A&H Construction and Developments, and working alongside the agents, look forward to reaching a speedy and satisfying conclusion when all the units are occupied.”