BUSINESS LIFE: COMMERCIAL PROPERTY: Construction starts on new warehouses.CONSTRUCTION has begun on a new industrial warehouse development, which will bring around 125,000 sq ft of unrivalled, high specification space to Coventry. A 6.43 acre site was purchased by iOG in December 2001 and will now be developed in two phases. The first phase consists of 73,000sq ft (6782 sq m) divided into eight units ranging from 4,500sq ft (418 sq m) to 18,500sq ft (1719 sq m). Completion is scheduled for March 2004. Phase two is available for design and build opportunities and consists of 52,350sq ft on 2.46 acres. The units at the 'io centre' on Coventry Business Park present excellent opportunities for local businesses looking to expand or move to more up- to-date premises. Agents are already reporting a high level of interest, not least because of the flexible lease and purchase options offered by owners iOG, but also because of the limited availability When customers of the PSTN make telephone calls, they commonly make use of a telecommunications network called a switched-circuit network. In a switched-circuit network, devices known as switches are used to connect the caller to the callee. of quality industrial space in Coventry. In addition to this, the Coventry Business Park is one of the city's most popular and sought after business locations and is well located near the busy A45. Rory Finnan Noun 1. finnan - haddock usually baked but sometimes broiled with lots of butter finnan haddie, finnan haddock, smoked haddock haddock - lean white flesh of fish similar to but smaller than cod; usually baked or poached or as fillets sauteed or fried , marketing and leasing manager for io centres, said, "We are in the initial stages of marketing the scheme and already have strong interest from local businesses who are considering purchasing their own unit. "Our experience over the years has found that occupiers prefer to purchase, as it can be cheaper than renting." The eight units in phase one of the io centre are available to purchase on a virtual freehold basis, or to rent on lease lengths of between three and 15 years. Joint agents for the scheme are David Penn José David Peñín Montilla, better known under the anglicized form David Penn, is a house music producer from Spain. He was born in Madrid. Career Penn started producing house and techno tracks under a variety of pseudonyms beginning in 1992. and Cameron Thompson Cameron Paul Thompson (born 1 October 1960), Australian politician, has been a Liberal member of the Australian House of Representatives since October 1998, representing the Division of Blair, Queensland. at Shortland Horne and Carl Durrant and Nigel Dolan at King Sturge. |
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