Three Leighton Buzzard warehouse lettings signal a positive for business
Demand for industrial space in the town continues to outstrip supply in Leighton Buzzard with three more warehouse units now let.
Adroit Real Estate Advisors have let three warehouse units totalling 23,330 sqft, with Eurolink Logistics taking up space along with Sumitomo (SHI) Demag and Motor Parts Direct.
Two of the lettings bring new businesses to the town. Eurolink Logistics is relocating to Leighton Buzzard and Sumitomo (SHI) Demag is moving from Aylesbury. Motor Parts Direct is moving from its existing premises in the town into a larger unit to support its growth.
Dan Jackson, director, explained demand for industrial space in the town continued to outstrip supply.
He said: "Leighton Buzzard continues to be a pocket of activity and one of the few locations where supply remains constrained. These units are 20 years old, but their specification still stands up really well – particularly the amount of external space around them. These deals have all happened within a few weeks of each other, and hopefully we are close to announcing one more nearby shortly.
“With excellent road links to Junction 11A of the M1, Leighton Buzzard continues to be an attractive, cost-effective alternative to Luton and Dunstable. Chartmoor Road is one of the town's main employment areas, linking Grovebury Road and Billington Road.”
He also explained available supply in Leighton Buzzard was limited to just a handful of buildings. The largest is 30 Eden Way (circa 55,000 sqft), which Adroit is marketing on behalf of Chartmoor Estates.
Some further space is also in the pipeline with Adroit about to start marketing K6 Cherrycourt Way (4,900 sqft), and a second unit on Cherrycourt Way (9,200 sqft) which is expected to become vacant before the end of the year.