Bromwich Hardy have recently acted on behalf of a private client in the successful sale of commercial premises at Stephenson Road, Bayton Road, Industrial Estate in Coventry, to the successful Coventry company AGEMA Engineering Limited.
The premises comprise 19,000 square feet of good quality manufacturing warehouse and office space, ideally located close to Junction 3 of the M6 motorway.
Tom Bromwich comments…… “We are delighted to have achieved this sale on behalf of our private client, not least because the purchaser, AGEMA Engineering Limited, is a Tier 1 supplier to car manufacturers such as, Jaguar Land Rover and Aston Martin, for plastic products and assembly. We believe this recent sale shows a strengthening industrial market, and in particular the continuing success of the regions motor industry and supply chain”.
John Stringer, Managing Director of AGEMA Engineering Limited comments……“This is our third property we have purchased within Coventry, which is needed to keep pace with our continuing growth through increased business from our customers within the motor industry. All of our three buildings are within half a mile of each other and this latest acquisition will allow us to expand the company further”.
For further information on the sale and acquisition of Commercial premises please do not hesitate to contact Tom Bromwich at Bromwich Hardy, Telephone: 02476 308900 Email tom.bromwich@bromwichhardy.com or Richard Hardy at Bromwich Hardy, Telephone: 02476 308900 Email : richard.hardy@bromwichhardy.com