200,000 sq ft Lettings at Marchington Industrial Estate

08 November 2017

200,000 sq ft Lettings at Marchington Industrial Estate

Hortons’ Estate Limited, the Birmingham-based property company, has secured 200,000 sq ft of lettings at Marchington Industrial Estate in Staffordshire.

JCB dealer Gunn JCB has taken 100,000 sq ft on a five-year lease at Unit 34 for a new customer machine preparation centre and parts outlet, which was previously based in nearby Hilton.

Trade Price Stone, one of the UK’s largest importers and distributors of natural stone, is the second new tenant on Marchington Industrial Estate.

The company has agreed a five-year lease on 25,000 sq ft in Unit 38.

Existing tenants Lowe Refrigeration and PPS Midlands have taken additional space on the Estate, totalling 75,000 sq ft.

Lowe Refrigeration, which specialise in refrigeration and catering equipment rental, has taken a further 50,000 sq ft in Unit 38 on a six-year lease. It currently occupies 100,000 sq ft in Unit 37.

PPS Midlands has agreed a five-year lease on an extra 25,000 sq ft in Unit 38, adding to its existing 80,000 sq ft.

Marchington Industrial Estate comprises more than one million sq ft of industrial and warehousing space.

Since acquiring it in 2013, Hortons’ has invested more than £1million in the estate, constructing a number of new units and refurbishing existing ones.

Richard Norgrove, property director at Hortons’, said: “Our investment in the estate has paid dividends, attracting occupiers looking for quality industrial space in the centre of the Midlands’ transport and distribution network.

“As well as attracting new occupiers to the estate, it’s pleasing to see existing tenants committing further to the site by taking additional space.”

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