Commercial Property Development

Providing warehouse and office buildings for industry and commerce

Record Completion at Stonebridge Cross

Stoford Developments has completed the biggest-ever pre let at its Stonebridge Cross business park at Droitwich.

Atchison Topeka, one of the UK’s largest distributors of food ingredients to the manufacturing industry, has made a £9 million move to a 130,000 sq ft warehouse at the AXA REIM-funded 77-acre park.

The 18-year-old Worcestershire firm has consolidated its three former sites across the county by signing a 15-year lease at a rent of £4.90 per sq ft on the temperature-controlled food-grade accommodation.

Mike Phillips, Atchison Topeka managing director, said: “The large size and superb location of our new warehouse at Stonebridge Cross at the hub of the UK motorway network will enable us to expand and provide an even better service to our customers. Its proximity to our previous sites has also enabled us to take all our staff with us.”

Jason Adderley, a Stoford director, said: “We are delighted to have completed the biggest-ever pre-let at Stonebridge Cross where we are continuing to attract major UK distributors. We can still accommodate buildings up to 150,000 sq ft, though space is rapidly running out”

Other recent occupiers include TM Logistics, AKW Medicare, Barton Coldform and JCC Lighting.