Chancerygate has achieved practical completion of its €13m (£11m), 72,000 sqft Forge Industrial Park scheme in Minworth, Sutton Coldfield. Situated on Forge Lane, the development comprises 11 high specification Grade A units. Four of the units, which total 38,340ft² of industrial and trade counter space, have been forward sold ahead of practical completion. The future occupiers are automotive brand Mercedes; supermarket, wholesaler and distributor supplier Food Store International; and machinery manufacturer Rubbernek Fittings.
A further five units totalling 24,220ft² are currently under offer, which means that more than 85 per cent of space at the development is now sold or under offer. The two remaining units are 4,750ft² and 5,270ft² and are available on a freehold and leasehold basis. Located eight miles northeast of Birmingham city centre, the scheme provides access to the A38 dual carriageway which links to junction 5 and junction 6 of the M6.
Chancerygate development director, Mark Garrity, said: “We are very pleased to have achieved practical completion with more than 85 per cent of the scheme’s units now sold or under offer, and the remaining two units attracting plenty of interest. There is significant demand in the region for strategically located Grade A industrial space clearly evidenced by the successful disposal of units at the development and in the strong interest we have for the final two units.”
