A new £26 million industrial and distribution park has signed its first tenant.
Furniture and homeware retailer The Cotswold Company has agreed a deal to take a new 79,299 sq ft unit called Link79 at Fradley Link in Lichfield.
The deal expands The Cotswold Company's presence at Fradley Park, following its 2022 lease of the 139,000 sq ft Axis 38 building.
Fradley Link has been developed by Evans Property off the A38 north east of Lichfield city centre.
Sign up for your free West Midlands newsletter and follow us on LinkedIn
Email newsletters
BusinessLive is your home for business news from across the West Midlands including Birmingham, the Black Country, Solihull, Coventry and Staffordshire.
Click through here to sign up for our email newsletter and also view the broad range of other bulletins we offer including weekly sector-specific updates.
We will also send out 'Breaking News' emails for any stories which must be seen right away.
For all the latest stories, views and polls, follow our
Link79 is one of two new warehouse units delivered as the first phase, the second being Link205 which has 206,161 sq ft of space.
A second phase at Fradley Link could provide up to 100,000 sq ft of additional accommodation subject to securing planning consent.
Alan Joseph, chief operating officer at The Cotswold Company, said: "We're pleased to be expanding our presence at Fradley Park where we already have successful operations and a strong relationship with Evans Property Group.
"A prime location and a well-appointed unit were essential to support our wider growth plans, enabling us to enhance customer service and consolidate distribution and warehousing into a single operation.
"We look forward to building on our work with Evans as we continue to grow."
Richard Bean, portfolio director at Evans Property Group, said: "This letting extends our existing relationship with The Cotswold Company and reflects our confidence in Fradley Park as a premier distribution location.
"It also demonstrates the strong demand for high-quality, sustainable logistics space.
"We're proud to be delivering modern accommodation that meets the needs of today's occupiers and supports long-term growth in the region."
SBH acted on behalf of The Cotswold Company.
