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Automotive parts suppliers secure industrial space
11 December 2017
St. Modwen has secured two major lettings at two of its industrial and logistics schemes to global companies which takes its total successfully completed developments in this sector to 1 million sq ft during the course of 2017.
The most recent letting was to well-known German multinational Robert Bosch having leased 36,846sq ft of newly developed space at Parkside Business Park in Doncaster. St. Modwen has also recently secured planning consent for the next phase of development at the 27-acre site, creating further potential assets in an area of high demand.
Bosch Automotive, part of Robert Bosch, is a leading global supplier of technology and services, and has agreed a 15-year lease of the property which will provide the base for a new automotive training centre. The business will commence a substantial fit-out of the unit and hopes to be operational in mid-2018 in what will be a flagship facility for the North of England and complement Bosch’s existing facility in Uxbridge.
St. Modwen has also secured global automotive manufacturing firm Grupo Antolin to expand its presence at Barton Business Park, near Burton-on-Trent to 183,000 sq ft of space. Grupo Antolin is a first-tier automotive supplier of interior trim systems and components to major OEM’s from multiple sites throughout the UK. The Spanish company currently occupies 70,000 sq ft at Barton Business Park, and recently signed a 15-year lease to expand its operations on site into a newly built 113,000 sq ft unit, adjacent to their existing plot.