Midwich signs 15-year lease at SEGRO’s Park Bracknell

By James Wallace - Monday, April 09, 2018 11:45

Midwich, the UK audio visual (AV) and document solutions distributor, has taken a 31,634 sq ft unit at SEGRO Park Bracknell. The company has signed a 15-year lease and will take occupation in early 2019.

The unit will be home to more than 80 sales specialists and be used as a showroom for Midwich’s wide range of products for existing and potential customers to view.

SEGRO Park Bracknell will be Midwich’s southern showroom which is located in Crowthorne and Reading.

On the remainder of the site SEGRO hasspeculatively built a single unit of 90,054 sq ft, which is available for immediate occupation. The unit has 12 metre eaves and a 45 metre secure yard. The remaining sites on SEGRO Park Bracknell offer the flexibility to Design & Build new industrial space up to a total of 185,000 sq ft with detailed planning for a 60,000 sq ft unit.

Mark Lowe, managing director, Midwich said: “SEGRO Park Bracknell is an excellent location from which to expand our business and is the perfect home for Midwich. The area benefits from a fast-growing population and there are already many large-scale employers in Bracknell.”

Paul Lewis, regional director, Thames Valley and Data Centres, SEGRO said: “We are pleased to welcome Midwich to SEGRO Park Bracknell which delivers quality industrial space in a prime location. The fact we have secured this long-term commitment to such a high-tech company highlights the need for space at SEGRO Park Bracknell.”

Bracknell is already home to Waitrose headquarters, Boehringer Ingelheim, a world leading pharmaceutical company, and Fujitsu, a leading provider of IT products and services for the global marketplace.

SEGRO was represented by Lambert Smith Hampton and GVA.

James Wallace is a freelance consultant and can be reached via Linkedin or email: jawallace32@gmail.com

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