Tag: leamington

Wareing & Company Supports Letting of 92,246 sq ft Barberry Midbox 92 at Tournament Fields

Posted on by Nancy Gregory

Wareing & Company is pleased to have acted as joint agent on the successful letting of Barberry Midbox 92, a new 92,246 sq ft Grade A industrial and logistics facility at Tournament Fields Business Park, Warwick.

 

The newly completed warehouse has been let to international logistics provider Widem Logistics on a 15-year lease, marking a significant occupier commitment at one of Warwickshire’s leading employment locations.

 

Developed by Barberry Industrial, the £20 million Barberry Midbox 92 scheme occupies the final remaining plot at the entrance to Tournament Fields Business Park, benefiting from a prominent position and immediate access to Junction 15 of the M40.

 

The high-specification facility has been designed to meet the requirements of modern industrial and logistics occupiers, targeting EPC A and BREEAM Outstanding. Sustainability and occupier-focused features include rooftop solar PV, electric vehicle charging points, enhanced staff welfare facilities, landscaped green areas, an outdoor gym and basketball court, bike repair pod and a range of biodiversity initiatives.

 

The letting to Widem Logistics follows the building’s recent practical completion, with the occupier secured shortly after handover.

 

Widem Logistics is an international logistics provider operating across Europe, offering transportation, customs, retail distribution and fulfilment services through its own warehouses and dedicated fleet.

 

A landmark development for Tournament Fields.

 

Wareing & Company has been involved with Tournament Fields Business Park for more than 20 years and has played a long-standing role in the development and marketing of commercial property at the park.

 

Bill Wareing, of Wareing & Company, said:

“Having been involved in the Tournament Fields Business Park for over 20 years, I am delighted to see the completion of the final plot on this 50-acre quality business park to an established distribution company.”

 

The completion and letting of Barberry Midbox 92 represents the delivery of the final plot at the 50-acre business park, further strengthening Tournament Fields’ position as an established location for national and international occupiers.

 

Barberry acquired the final remaining plot at the front of the business park and secured reserved matters planning permission from Warwick District Council before commencing construction.

 

Jonathan Robinson, Development Director at Barberry, said the 15-year lease was a strong endorsement of both the quality of the development and the location, highlighting the continued demand for high-quality, sustainable industrial and logistics space across the Midlands.

 

Russell Green, UK Managing Director of Widem Logistics, added that the new facility’s specification, connectivity and sustainability credentials made it a strong fit for the company’s operational requirements and its continued growth in the UK.

 

Wareing & Company and Savills acted as joint agents for Barberry on the scheme.

Wareing and Company Secure New Lease for Benford Court Office and Distribution Hub

Posted on by Nancy Gregory

Wareing and Company are delighted to announce the successful letting of 2 Benford Court to Mohawk’s Cycles, who will be utilising the premises as a dedicated office and distribution hub.

 

Jon Blood of Wareing and Company advised on the letting, securing a successful outcome for the landlord and introducing a strong occupier for the well-positioned commercial unit.

 

The location provides an ideal base for Mohawk’s Cycles, offering a strategically located facility to support their operations, with excellent connectivity and a central UK position allowing efficient management of their office and distribution requirements.

 

The transaction highlights the continued demand for well-located commercial premises and Wareing and Company’s ability to match occupiers with the right property solutions through proactive advice and market knowledge.

 

Jon Blood commented: “We are pleased to have completed this letting and secured a tenant whose operational requirements are a strong fit for Benford Court. The property provides an excellent platform for Mohawk’s Cycles to continue developing their business and distribution operations.”

Wareing & Company’s Summer 2026 Warwickshire Commercial Property Market Update

Posted on by Nancy Gregory

Opportunities Emerging in a Changing Market
The commercial property market across Warwickshire continues to demonstrate resilience despite wider economic uncertainty. While higher borrowing costs and cautious investment sentiment have slowed activity in some sectors nationally, demand for well-located commercial premises throughout Leamington Spa, Warwick, Kenilworth, Stratford-upon-Avon and Coventry remains encouraging.

 

At Wareing & Company, we are continuing to see businesses planning for growth, investors seeking quality opportunities and developers looking to unlock value from strategically located sites. Although the market has undoubtedly become more selective, there are positive signs for those prepared to take a long-term view.

 

Industrial Property Remains the Standout Performer
Industrial and warehouse accommodation continues to be Warwickshire’s strongest-performing commercial property sector.

 

The county benefits from its central location within the UK’s motorway network, with excellent access to the M40, M42, M6 and wider Midlands logistics corridor. This continues to attract manufacturing, engineering, distribution and technology businesses looking for modern, efficient premises.

 

Demand for high-quality industrial units, particularly those ranging between 2,000 sq ft and 25,000 sq ft, remains robust. Modern units offering good energy performance, generous yard space and strong transport links continue to command competitive rents and attract multiple interested parties.

 

Supply, however, remains constrained, particularly for freehold opportunities, which continues to support both rental growth and capital values.

 

Offices Are Evolving Rather Than Declining
While hybrid working has reshaped the office market nationally, the picture in Warwickshire is considerably more positive than many headlines suggest.

 

Businesses are increasingly focused on quality over quantity, seeking modern, flexible office accommodation that helps attract and retain staff while providing an environment that supports collaboration.

 

Well-presented town center offices in Leamington Spa and Warwick continue to perform well, particularly those that have been refurbished to a high specification and offer excellent accessibility, parking and strong sustainability credentials.

 

Conversely, older office stock requiring significant investment is seeing increased interest from developers exploring alternative uses, particularly residential conversion where planning policy allows.

 

Retail Continues to Adapt
The retail market has undergone significant change over recent years, but successful locations continue to thrive.

 

Independent retailers, cafés, restaurants, health and wellbeing operators and specialist service providers are helping to reshape many Warwickshire high streets. Rather than competing directly with online retail, successful occupiers are focusing on customer experience and convenience.

 

Prime locations continue to attract occupier interest, while landlords who invest in improving the quality and flexibility of their premises are generally achieving stronger occupancy levels.

 

Development Land Still Attracts Interest
One of the most encouraging aspects of the local market is continued demand for strategic development opportunities.

 

Whether for employment land, mixed-use schemes or residential-led development, developers remain actively seeking sites with long-term potential. Landowners are increasingly recognising the value that can be unlocked through strategic planning advice and promotion.

 

Warwickshire’s strong economic fundamentals, growing population and excellent transport connections continue to make the county an attractive location for future development.

 

Investment Market Becoming More Selective
Commercial investment activity has become more measured over the past 12 months, largely due to higher financing costs and changing investor expectations.

 

However, quality assets with secure income streams continue to attract strong interest from private investors, family offices and pension-backed buyers.

 

There is also growing demand for value-add opportunities where investors can improve buildings through refurbishment, energy efficiency upgrades or lease restructuring to enhance long-term returns.

 

Nationally, transaction volumes remain below historic averages, but industrial and retail assets have shown greater resilience than the office sector, with investor confidence gradually improving as borrowing costs stabilise.

 

Looking Ahead
As we move through the remainder of 2026, confidence appears to be improving gradually across much of the commercial property market.

 

Occupiers remain active, investment appetite is strengthening for the right opportunities and demand for quality industrial accommodation continues to outstrip supply.

 

Warwickshire’s diverse economy, highly skilled workforce and strategic location place it in a strong position compared with many other parts of the UK. While market conditions require realistic pricing and expert advice, opportunities continue to exist for landlords, occupiers, investors and developers alike.

 

At Wareing & Company, our local market knowledge and long-established relationships enable us to identify opportunities before they reach the wider market. Whether you are considering selling, letting, acquiring, investing or developing commercial property across Warwickshire, our experienced team can provide practical, commercially focused advice tailored to your objectives.

 

If you would like an up to date appraisal of your commercial property or would like to discuss current market conditions, contact Wareing & Company for a confidential conversation with one of our commercial property specialists

Wareing and Company Achieve Record Sale for Freehold Office Property in Leamington Spa

Posted on by Nancy Gregory

Wareing and Company are delighted to announce the successful sale of 34 Hamilton Terrace, Leamington Spa, achieving a new record price for a freehold commercial office property in the area.

 

The property attracted significant interest following its launch to the market, with Jon Blood of Wareing and Company inundated with enquiries from a wide range of prospective purchasers. The level of interest demonstrated the continued demand for well-located freehold office opportunities in strong regional markets.

 

Jon provided expert advice to the client throughout the process, carefully assessing the numerous offers received and advising on the most suitable purchaser and terms to achieve the best possible outcome.

 

Following a competitive marketing campaign, the property was successfully sold to a private individual at a record-breaking level, achieving £360 per sq ft, a new benchmark for this type of commercial office asset in Leamington Spa.

 

The vendor was delighted with the result, which reflects Wareing and Company’s ability to generate strong market interest, provide clear strategic advice, and deliver exceptional outcomes for clients.

 

This landmark transaction further reinforces Wareing and Company’s reputation for successfully handling commercial property disposals and maximizing value through a proactive and tailored approach.

Wareing and Company Secure Sale of 17 Trinity Street Following Successful Redevelopment Marketing Campaign

Posted on by Nancy Gregory

Wareing and Company are pleased to announce the successful sale of 17 Trinity Street, a prominent local site offering a potential redevelopment opportunity.

 

The property, which had been occupied as a tile showroom, was brought to the market following the tenant company entering administration. Recognising the potential of the site, Wareing and Company provided strategic advice to the vendor on a range of possible future uses, including both commercial and residential redevelopment options.

 

The opportunity generated significant interest from a variety of parties, reflecting the strong demand for well-located sites with development potential. Following a competitive marketing process, interested parties were invited to submit their best and final offers.

 

After careful consideration, the property was secured by a special purchaser with plans focused on residential redevelopment. The vendor was delighted to proceed with the sale, which was successfully concluded at a level price and completed promptly.

 

Wareing and Company’s expertise in identifying opportunities, advising on alternative uses, and managing competitive disposal processes ensured a successful outcome for all involved.

 

The transaction highlights the continued demand for well-positioned local assets and Wareing and Company’s ability to deliver results through proactive advice and tailored marketing strategies.

A Landmark Deal for Innovation at Middlemarch Business Park

Posted on by Nancy Gregory

Wareing & Company has successfully advised Aurrigo International Plc on the acquisition of a major new UK hub facility at Middlemarch Business Park, Coventry, in a deal that will support the future growth of autonomous vehicle engineering and manufacturing in the region.

The new facility comprises two buildings totalling 130,615 sq ft and will become Aurrigo’s principal UK base for advanced engineering, autonomous vehicle development, high-value volume manufacturing, and wider automotive operations.

With the capability to manufacture more than 500 autonomous vehicles per year, the site represents a significant investment in the future of mobility technology and advanced manufacturing within the West Midlands.

Bill Wareing of Wareing & Company said:
“We were delighted to assist Aurrigo with the acquisition of this high-quality facility at Middlemarch Business Park, Coventry. This is a significant transaction for the business and for the wider Coventry area, helping to retain highly skilled jobs and reinforcing the city’s long-standing reputation as a centre for automotive innovation and engineering excellence.”

Professor David Keene, Chief Executive of Aurrigo International Plc, added:
“The new centre marks an important milestone for the business and provides the capacity required to support our next phase of growth in autonomous vehicle development and manufacturing.”

Bromwich Hardy and Box4 Real Estate acted on behalf of the assignor of the lease.

The transaction underlines Wareing & Company’s continued expertise in advising on strategic commercial property acquisitions across the Midlands and supporting investment that drives regional economic growth.

CEWE Secures £5.6m Freehold Acquisition at Tachbrook Park Following Lease Surrender Negotiated by Wareing & Company

Posted on by Nancy Gregory

 

Wareing & Company has successfully negotiated the surrender of a lease and subsequent freehold sale of a high-quality 45,000 sq ft warehouse/industrial unit with extensive office accommodation at 5 Apollo Way, Tachbrook Park, Leamington Spa.

The property, previously occupied by Grupo Antolin, has been acquired with vacant possession by CEWE Limited for approximately £5.6 million. The off-market deal highlights CEWE’s proactive approach and long-term commitment to the Warwick district, as the company relocates from another premises on Tachbrook Park to the new building next year.

Bill Wareing of Wareing & Company who led negotiations on behalf of the landlord said:
“CEWE had been seeking freehold opportunities in the Warwick district for a number of years and have made a commitment to secure these premises in an off-market deal well in advance of their current lease expiry.”

 

CEWE, a German-based provider of commercial photographic services across the UK and Europe, will consolidate its operations at the site, underlining its commitment to growth in the region. Noyes Lewis Commercial Property acted on behalf of CEWE in connection with the transaction.

The completion of this deal reinforces the strength and resilience of the Warwickshire commercial property market, with high-quality industrial and office assets continuing to attract strong investor and occupier demand despite broader market fluctuations.

Jo Malone opening in Leamington after Wareing & Company agrees deal

Posted on by sam

Luxury perfume brand Jo Malone London is set to open in the centre of Leamington in time for Christmas after Wareing & Company secured the move.

The new store will be opening at 67 Parade on Friday December 13th.

The company, which has more than 50 stores in the UK, is in the process of moving into the 1,523 sq ft unit which sits between Santander and Specsavers.

Rachel Baker, UK General Manager of Jo Malone London, said: “We are delighted to announce the news of our new Jo Malone London store opening in Leamington Spa.

“This elegant Regency town located in the heart of Warwickshire offers a sophisticated setting for Jo Malone London with its regal architecture and renowned spas.

“We believe that Leamington Spa’s charm and rich heritage perfectly complement our brand’s dedication to timeless elegance.”

Jonathan Blood, Director at Wareing & Company, added: “Jo Malone London is a highly-recognised brand that will be an excellent addition to the many great stores on Parade.

“This deal once again shows that the retail market in Leamington is more resilient than many other towns, and that big names are prepared to move in once the right unit is found.”

Multinational medical firm opens first UK warehouse after Wareing deal

Posted on by sam

A multinational medical firm making products for diagnostic imaging has opened its first UK warehouse for repairing and testing after moving the service in-house.

Bracco UK has signed a lease on a 5,685 sq ft warehouse and 1,549 sq ft of office space at 8 Titan Business Centre in Warwick after Jonathan Blood, Director at Wareing & Company, secured a deal.

Bracco, headquartered in Italy, creates and distributes products used in contrast imaging – such as chemicals that can be detected in X-rays, MRI scans, and more, along with devices that can administer them.

While the UK arm of the company had a strong sales presence in the country from its Oxford offices, and saw its products used in both NHS and private hospitals, it used to rely on third parties to repair defective equipment and to test new products.

Bracco UK decided to bring this part of the business in-house so its customers would not have to deal with anyone new when it came to servicing and repairing.

As a result of this decision, Bracco UK needed suitable premises to base the service from.

Mark Pittaway, Service Manager for Bracco UK, said: “We knew we wanted somewhere fairly central to base the service in as our products are in hospitals all over the country. The warehouse also needed to be a blank canvas with associated office space, but that we could move into right away without any remedial work.

“We looked in Birmingham, Coventry, and similar areas, but when we came across the unit at Titan Business Centre, we thought it could be a good option.”

Mark was shown the warehouse by Jonathan, who understood Bracco’s requirements around having a turnkey premises and was able to demonstrate that the unit at Titan Business Centre was an ideal choice.

The team of six has now moved into the warehouse and is hitting the ground running.

Mark added: “It was clear that Jon understood what we were after as a business – which is something we couldn’t say for other agents we worked with in trying to find a suitable warehouse.

“Many other properties we were recommended by others were either too run-down or not quite right for our needs.

“We haven’t long moved in but we’ve already settled in nicely. The warehouse is exactly what we wanted and will enable us to kick-start our in-house repair and testing service in the UK, which will significantly improve our customers’ experience.”

Jonathan Blood, Director at Wareing & Company, said: “8 Titan Business Centre’s open space, high specification and excellent links to the motorway network via the M40 made it an attractive proposition for Bracco UK.

“We’re really pleased that Bracco UK has made itself at home so quickly, and we hope it will be an excellent base for its repair and testing operations for years to come.”

Wareing helps games company move into 20,000 sq ft offices in Leamington Spa

Posted on by sam

A growing games company has shown its faith in the Leamington office market after moving into 20,000 sq ft of office space in the heart of the town as it looks to expand its team.

Lighthouse Games has moved into Imperial Court in Leamington Spa after Jonathan Blood, director at Wareing & Company, agreed a deal on the building.

The company, which recently received major investment from industry giants Tencent, is transitioning its staff from its old base in Marlborough House in Leamington to Imperial Court as the space across four floors is fitted out over the next few months.

It is now planning to grow its employee count significantly as it works on an as-yet unrevealed new project.

Nick Craig, Operations Director at Lighthouse Games, said: “We’d been looking for new offices for a while, as our old space at Marlborough House couldn’t accommodate our rapid expansion.

“The property ticked a lot of boxes for us – parking so any staff driving in can relax on their commute knowing they can easily park, close to the great local restaurants and bars Leamington has to offer so they can socialise together after work, and lots of space for us to expand.

Jonathan Blood, Director at Wareing & Company, said: “This deal shows Leamington’s office market is proving more resilient than other towns of its size, and also shows the faith the video games industry has in the town.

“Imperial Court is one of the most prominent office buildings in the town, and its versatility and ease of access were very attractive to Lighthouse Games.

“Leamington earned the nickname ‘Silicon Spa’ thanks to the high density of games companies in and around the town, and this deal only solidifies Leamington’s reputation as the place to be for the video games industry in the Midlands.”