Back, from the left, Chris Clews from Tompkins Construction, Chris Swan of Cobalt Developments, Tom Bromwich from Peter Bromwich and Company, the Mayor of Southam, Cllr Mike Stanley, Andrew Wall of Wareing & Company.
Front, Jim Button of chartered surveyors Starkey Button & Company.

 

 


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Cllr Mike Stanley said the Cobalt Centre was important for the growth of local businesses wanting to expand in the Warwickshire town. Cobalt Developments from Stratford-upon-Avon is creating five new high-quality industrial and warehouse units at South Park off Kineton Road. Tompkins Construction started work on the 2.1 acre Cobalt Centre development on Monday (March 29) with work scheduled to finish in September.

“We have had considerable inward investment in Southam in recent years but it is also vital that we offer a home to local companies who are successful and want to expand,” said Cllr Stanley.

“This kind of commercial development is key to Southam’s future prosperity and is good news for workers who live and work in the area.”

The units will range from 5,000 sq ft to 25,000 sq ft and the premises on the total development over 36,000 sq ft will be available for companies to buy freehold. Andrew Wall from Wareing & Company, joint selling agents with Peter Bromwich and Company, said the Cobalt Centre will fill a gaping hole in the market and add further security for workers in Southam.

“The units will satisfy a market demand from companies in the area who want to buy new premises rather than rent,” he said.

“Small or larger businesses wishing to expand can stay in the area by moving to this development instead of re-locating elsewhere, which thereby protects local employment.”

For further information contact Andrew Wall at Wareing and Company on 01926 430700 or Tom Bromwich at Peter Bromwich and Company on 01926 881144.

 
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