The Wood Banks Estate in Wednesbury has reached full capacity following a new leasing agreement.
- Metpro, a manufacturer of products for the UK mechanical and electrical market, has secured a substantial 113,000 sq ft space.
- This move marks a significant upgrade for Metpro, which previously operated from a 26,000 sq ft unit.
- The 10-year lease agreement with Metpro underscores the desirability and strategic location of the industrial estate.
- The estate is managed by LCP, a Kingswinford-based property group, highlighting the area’s commercial growth.
The Wood Banks Estate in Wednesbury is now at full occupancy following a leasing arrangement that saw manufacturer Metpro securing a substantial 113,000 square feet across two units. This marks a significant step up for Metpro, a company known for producing mechanical and electrical market products, as well as custom components like tubing, cable accessories, and wiring products.
Founded in 1995, Metpro’s expansion into this larger facility signifies a major upgrade from their previous 26,000 square foot space on the Hill Top Industrial Estate in West Bromwich. The new lease is set for a tenure of ten years, allowing the company to markedly enhance its operational capacity.
Tom Sadler, Metpro’s Chief Finance Officer, expressed enthusiasm over the new phase of growth, stating, “We’re excited about the next chapter of Metpro’s growth with the facility at Woods Bank Estate offering us the ability to further enhance our offering and ability to offer the best possible customer experience whilst continuing to always focus on quality.”
The management of The Wood Banks Estate by Kingswinford’s LCP underscores the location’s appeal in the commercial property sector. Nick Bryson, Director at LCP, remarked on the completion of this deal, “We are thrilled to welcome Metpro to The Wood Banks Estate, making this key industrial site now fully let. This significant letting further demonstrates the desirability of this scheme and its strategic location.”
The successful lease marks a pivotal expansion for Metpro and confirms the strategic value of The Wood Banks Estate.
