Segro's new development on a prime site in Birmingham's industrial heartland is ready for occupation.
Meteor Park on Argyle Street, off Cuckoo Road in Aston, comprises four self-contained industrial/warehouse units which have been built on the former Delta Metals site. According to joint agent John Sambrooks at property adviser DTZ the location couldn't be better.
"One unit actually sits next to the M6, so Meteor Park is absolutely perfect for any occupier needing swift access to the motor-way network," he said.
"Adjacent to Junction 6 and just three miles from Birmingham city centre, this truly is a prime location. With rents from £5.95 sq ft, there is going to be a lot of interest in Meteor Park and one unit is currently under offer."
Suitable for B1, B2 and B8 Use Classes, the steel portal frame units are 22,235 sq ft, 37,042 sq ft, 58,609 sq ft and 115,607 sq ft respectively. Each has a ground floor reception, staff facilities and first floor offices. Outside, gated and fenced service yards benefit from monitored CCTV, external lighting plus designated lorry and car parking.
Jane Leedham, senior surveyor at Segro, said: "This is a major development for Segro, representing a substantial investment and further reinforcing our commitment to the region.
"It is particularly pleasing to turn around a formerly derelict site, which had lain dormant for several years and provide occupiers with brand new facilities."
Mike Price, partner at joint agents Knight Frank, also said: "Segro have completed this major redevelopment which provides state of the art industrial and distribution accommodation suitable for local and regional companies and multi-national corporations. Meteor Park is a fantastic addition to the Birmingham market."
Segro is one of Europe's leading providers of flexible business space with a growing presence in the Midlands, including south Birmingham's largest estate, Kings Norton Business Centre.
