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Cobalt Developments from Stratford-upon-Avon is creating five new high-quality industrial-warehouse units off Kineton Road and two local companies have had offers accepted before a brick has been laid. Broadwell based Tompkins Construction, which is building the Cobalt Centre, has bought a 5,200 sq ft unit and has been joined by Folly Mill Engineering of Napton.

Mr Maples met representatives of both companies when he toured the site. He said:

“It is vital that local companies have the opportunity to expand but also stay close to their roots and workforce.”

“There is clearly a demand and I am delighted that two local firms have been able to realise their plans while staying in the area.”

“Southam has a thriving economy, with an emphasis on distribution, but it is also great to see firms in traditional industries such as construction and engineering also doing well in the town.”

Tompkins Construction hopes to complete the development by September – allowing them to take early occupation! Managing director Andy Tompkins said: “We do a great deal of work in Southam, Leamington, Rugby and Coventry so this is an ideal location and, of course, the units are available freehold.

“The fact that we are moving here ourselves certainly provides an extra incentive to make sure that everything is finished off on time!”

Units range in size from 5,000 sq ft to 25,000 sq ft and the development will total over 36,000 sq ft when completed. Chris Swan, managing director of Cobalt Developments, added:

“We have had an encouraging level of enquiries and the fact that the first two units have sold so quickly and to local companies, confirms the decision to proceed with a freehold development of this type.”

“The Cobalt Centre is ideally located since it is close to Leamington Spa and Warwick, and the M40 links to the big cities in the Midlands and the south east are very close by.”

Joint agents for The Cobalt Centre are Wareing and Company on 01926 430700 or Peter Bromwich and Company on 01926 880448 who can supply full details and assistance to any interested businesses.

 
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