Ansaldo expand into new manufacturing facility in Tipton
ILP Partners are pleased to have concluded the letting of Apex1 in Tipton to Ansaldo on behalf of private clients . The property is located fronting the A41 Black Country New Road which is approximately 2½ miles from Junction 1 of the M5 Motorway. The 75,000 sq. ft unit has been fully refurbished to a Grade A standard and now incorporates a number of sustainable features including a PV solar array, providing up to 300KVA of power and electric vehicle charging points. The building underwent a significant amount of refurbishment work and expenditure following the vacation of the previous tenant.
The production and storage space is well appointed with sprinklers, lighting, large yard and 1.6 MVA of power, which were key drivers in securing the letting to Ansaldo who have taken a long lease at the quoting rent of £7.75 psf.
The production and storage space is well appointed with sprinklers, lighting, large yard and 1.6 MVA of power, which were key drivers in securing the letting to Ansaldo who have taken a long lease at the quoting rent of £7.75 psf.