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Business

Lease deal for new industrial park

Furniture retailer The Cotswold Company takes space on Fradley Link

Fradley Link industrial park near Lichfield

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.

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.