Regeneration specialist St Modwen has secured the first letting at its £13 million Whitley Business Park development in Coventry.
Business energy consultants, GET Solutions UK Ltd, has agreed a ten-year lease on the 3,400 sq ft office at an annual rent of £17 per sq ft.
Whitley Business Park, off the A45 Coventry Road, adjacent to Jaguar’s research and development centre, will eventually comprise 1.1 million sq ft of office and industrial accommodation.
The first phase at the business park, known as Lakeside, was recently completed, boosting the provision of quality offices in Coventry with 49,578 sq ft of Grade A space across six individual buildings.
Operating from a network of three regional offices across the UK, GET Solutions is set to relocate the workforce based at its current Coventry headquarters to Building 4 at Whitley Business Park.
Mark Watkins, development surveyor for St. Modwen said: “St Modwen believes that this letting also provides a clear indication that there is activity in the regional commercial property market, with interest expressed in several of the other units.”
