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.
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
Wareing and Company on 01926 430700 or
Tom Bromwich at Peter Bromwich and Company
on 01926 881144.