In response to the growing demand for industrial & logistics space close to major urban areas and transport networks, JLL is marketing a rare freehold opportunity near junction 14, M6.
The 115,185 sq ft unit located on a 6 acre site, which has B2 manufacturing and B8 storage distribution consent, can benefit from a strong, multi-skilled, high quality labour pool and excellent connectivity, with a new access point, off the A34 dual carriageway.
Triton, which is based on Redhill Business Park in Stafford, has been brought forward by Birmingham based Trebor Developments, an award winning privately owned partnership that looks to offer, value for money, sustainable commercial properties across the UK
Richard James-Moore, who recently joined JLL’s industrial team in Birmingham is acting on the instruction said the lack of freehold opportunities on big box units of this size, provided a unique opportunity for occupiers.
“For the past 12 months, the market has been mainly driven by pre-lets and some speculative units coming forward in the wider area.” said Richard.
“New builds are scarce and Triton is the only one for 40 miles, whereby an occupier looking to expand their distribution network and get a foothold on the M6 in the Midlands can take immediate occupation rather than waiting 12-18 months for a pre-let unit to be completed.”
Richard added: “Stafford also benefits from a robust occupier market with names such as Caterpillar and GE on the doorstep. The industrial & logistics market looks likely to outperform the office and retail sector over the next five years, supported by relatively strong rental growth prospects.”