4th March 2018

Central M40 welcomes 95,000 sq ft deal to TVS

TVS Supply Chain Solutions (TVS SCS) at Central M40 in Banbury.

The global provider of world class, end-to-end supply chain services, TVS Supply Chain Solutions (TVS SCS), has taken 95,000 sq ft at Central M40 in Banbury on a 1. The new facility (unit 7) will accommodate TVS SCS’s existing customer base in the automotive and defence sectors, whilst providing capacity for new clients which need supply chain services in a central and strategic location.

Situated by junction 11, Central M40 comprises a total of 70 acres and has detailed planning for a total of 1million sq ft industrial / warehouse accommodation.

The announcement comes after this unit and unit 8 (78,000 sq ft), both of which were built speculatively, were completed at the end of last year. Phase one saw the development of a 235,000 sq ft logistics and distribution facility which was subsequently let to Hellofresh and a new bespoke 114,000 sq ft headquarters developed for Prodrive Motorsport.

Andrew Jones CEO of TVS Europe commented: “We are adding another good strategic location to service our current client’s expansion plans and a state of the art facility that would support the ambition of potential customers. I’m delighted we have been able to locate a suitable facility in such a prominent location. “

Harry Sadleir, development director at db symmetry, added: “Yet again, we have succeeded in securing an excellent occupier at Central M40. Our decision to develop high-quality logistics space in strategic locations has been rewarded and with further interest in the remaining unit, we are actively looking at further development here at the site.”

CBRE, Burbage Realty and Colliers are joint agents for the scheme. TVS Supply Chain Solutions represented itself.

Further design and build opportunities are available from 100,000 sq ft – 525,000 sq ft (9,290 – 48,774 sq m).

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