All but one of five speculative industrial units on a strategically-placed Midlands business park have been snapped up by eager occupiers - including a flagship letting to DHL, and the last remaining production/distribution unit is also attracting healthy interest, say property advisers.
Birmingham property agents Burley Browne say the success of the Dunton Park scheme is due mainly to its prime location on the motorway network, but can also be attributed to some forwardthinking by the developer.
"The developer took a risk to build these units speculatively, and it has paid dividends, as the scheme has been highly successful," says partner Andrew Burley.
Dunton Park is a new industrial park, off Kingsbury Road (A4097), Curdworth, near Sutton Coldfield.
It overlooks Dunton Island, Junction 9 of the M42 and T1 of the M6 Toll.
Italian-based developers Borno, whose sister company Cembre already owned the manufacturing unit on the adjacent site, bought the land to build an additional unit for themselves, and to develop five other units speculatively.
DHL recently took the largest unit on the estate, Unit A (25,359 sq ft), which includes a first floor office suite; Unit B has been let to Lofra UK and Unit C leased to Dent Wizard UK. Frontier took Unit D (8,077 sq ft), leaving just Unit E available.
At 15,114 sq ft, this unit has been built with limited office space, but has the flexibility to increase the office area, and includes gas central heating, perimeter trunking and carpeting. As with the other units, it has 6.6m minimum eaves and good car parking facilities. The quoting rent is £5.50 psf.