A key part of a major industrial estate is being re-born thanks to a £1 million investment.
Stratford-based Chase Commercial has bought Budbrooke Point in Warwick and is spending more than £500,000 to improve the development and attract companies.
The five industrial units located just off the A46 and M40, was previously owned and occupied by Canadian company SPI Distribution (Europe) which had possession of all 35,000 sq ft.
Chase is now marketing the unit as a whole or divided into individual industrial or warehouse units which start at 6,984 sq ft.
Julian Meredith, a director of Chase, said the investment reflected the confidence the firm had in the product, the market and the area.
“There are not many developers speculatively bringing projects to the market but we see this as a real opportunity,” he said.