Stoford has announced two new lettings at Spa Park in Leamington Spa, bringing the multi million pound business park to full occupancy.
The deals secure tenants for the last remaining speculatively developed units at the scheme, located off Tachbrook Road near Junctions 14 and 15 of the M40, and together total more than 80,000 sq ft.
The largest letting sees digital health company HeliosX sign a 10-year lease on Unit E, a 50,000 sq ft facility that will be used for the storage of healthcare products.
AMS Distribution Centre Ltd, a specialist in logistics and distribution services, has taken a 10-year lease on 30,000 sq ft at Unit 4 as it expands its operations.
Spa Park comprises nine, state-of-the-art units, delivering c.500,000 sq ft of logistics, distribution, production and R&D accommodation.
The scheme has a strong sustainability focus, with units in the final phase of development rated EPC A, BREEAM Excellent and net zero carbon. Onsite amenities include outdoor bodyweight fitness equipment and a newly launched electric vehicle (EV) charge park, delivered in partnership with leading EV charging network Zapcharged.
Current occupiers include Berry Global, Bladon Micro Turbines, General Motors, Opus International Products and Wickes.
Edward Peel, Director at Stoford, said: “Reaching full occupancy at Spa Park reflects the strong demand for high-quality, sustainable accommodation in a prime Midlands location.
“The scheme’s sustainable design, excellent specification and strong transport links have established it as a key commercial hub for Leamington Spa and the wider region, attracting new skills, expertise and job opportunities.”
Councillor Ella Billiald, portfolio holder for Arts and Economy at Warwick District Council, added: “It is fabulous news to hear that Spa Park is at full capacity. The Council is rightly proud of our vibrant business community and to attract innovative, environmentally conscious businesses to the District, whose values align with our own Corporate and Economic Development Strategies, is really encouraging.
“With such a great, local talent pool it is really positive to know that there are new skills, training and high-quality job opportunities available for our residents and future generations and wish all the businesses the greatest of success. Welcome to Warwick District.”
Spa Park was marketed by retained agents Bromwich Hardy, CBRE and M1 Agency.