Wednesday, May 15, 2024

Whittle Estate flying high with new lettings

Businesses are spreading their wings with the lease of premises on a south Leicestershire industrial estate.

East Midlands commercial property specialist Andrew + Ashwell and joint agent Innes England, have negotiated the lease of new-build warehouses on The Whittle Estate at Whetstone.

Located five miles south of Leicester city centre and with a prominent frontage on Cambridge Road, The Whittle Estate is a local industrial business hub, named after Sir Frank Whittle, aviator and inventor of the jet engine.

The site is already a base for major occupiers, including Cavendish Nuclear, The Co-op and National Grid.

Units on phase two of the development have been designed to give businesses a broad remit to relocate and expand within this trading area. The new buildings are part of a terrace of four, including two adjacent units totalling 20,350 sq ft. These have recently been taken by former Wigston-based point of sale unit manufacturer Aark Display Ltd. A third is under offer, with considerable interest in the remaining unit, comprising 13,000 sq ft.

Kelvin Wilson, associate director for A+A, said interest in the buildings had been buoyant amid a resilient industrial property market.

“We still suffer from an under supply of new purpose-built premises and whenever new units emerge there is always an upsurge of interest. The Whittle Estate is a sought-after location and we are confident it will continue to support the growth of local businesses, as well as those from further afield.”

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