Units close to full at £3 million Southam development

All units offered for sale at a new £3 million commercial property development in Southam have been snapped up, as work continues apace to complete the scheme.

Ten units at the 13-plot Maricott Court development, adjacent to Holywell Business Park, are now sold or under offer, with discussions ongoing with prospective tenants for the final three rental properties.

Phase one of the build, comprising the first two units, was completed in June, while units three to 10 are due for completion late summer.

The final three units are scheduled to be completed by early 2020.

Commercial property specialists ehB Reeves, based in Leamington Spa, has been marketing the units for lease and sale freehold. They range in size from 1,873 sq. ft. to 6,268 sq. ft.

Simon Hain, director at ehB Reeves, said: “We’ve had a real mix of owner/occupier and buy-to-let investor interest in the site, so we’re confident of seeing an equally diverse mix of businesses setting up in these units.

“We’ve said all along that the interest in this site is indicative of the demand for high-quality commercial properties, regardless of the fears over the potential impact of Brexit.

“The construction of the first two units is complete and we’re expecting units three to 10 to be finished before the end of the summer.

“This has been a very successful and sought-after scheme since its inception.”

The Maricott Court development is the final phase of the Holywell/Northfield Road site, which is already home to businesses including Tesco, HAB International and DYWIDAG-Systems International.

For more information on Maricott Court, visit www.maricottcourt.co.uk or contact ehB Reeves.



Our Surveying Team

Simon Hain

Simon Hain has worked as a commercial property consultant in Leamington Spa since 1984 and has been very active within the local community and is a former chairman of Leamington and District Round Table and trustee of various local charities. Simon specialises in Commercial Agency, Development, Acquisitions and Corporate Property Advice and is a director of ehB Reeves.

Nick Evans

Nick is a Chartered Surveyor who has worked in Leamington Spa since 1992. Born in Warwick, Nick is a Fellow of the RICS, Registered Valuer, RICS Accredited Mediator and former Chairman of the RICS Coventry and Warwickshire Local Association. Nick generally concentrates on Valuation and Professional / Landlord and Tenant work as well as Investments and Corporate Property Advice for clients and is a director of ehB Reeves.  

Scott Blake

Scott is a Chartered Surveyor having worked in general practice surveying in the West Midlands area since 1991and mainly within the Coventry and Warwickshire area. He has a wide range of experience dealing with commercial property matters including professional valuation services for private and corporate clients, other professional work including rent reviews, lease renewals, business rate appeals as well as commercial agency investment acquisitions and disposals. Scott is a director of ehB Reeves.

Stuart Gregory

Stuart heads our property management department working closely with clients to maximise returns from their property assets. He advises a number of private investors, high net worth individuals, property companies, pension funds and organisations with a charitable status, dealing with all aspects of the management of their property investments. Stuart is a Chartered Surveyor with over 25 years’ experience in Landlord & Tenant and general practice work in the West Midlands and Warwickshire. He joined Reeves & Partners in 2001 and is a Director of the firm.  

Robert Hawkins

Robert is a Chartered Surveyor with extensive experience in the property business, having worked on both sides of the fence, as adviser and client, in all market sectors and on properties and portfolios large and small. He enjoys dealing with all aspects of commercial property and acting for all types of client.

Phil Harvey

Having joined Reeves & Partners in 2011, Phil has over 18 years’ experience in the Property industry specialising in Commercial Property Management. Phil works closely with a wide range of clients including private investment companies, pension fund operators and religious organisations advising on all aspects of Property and asset management. Phil is an experienced and valued member of the Property Management team and has acted across a wide range of property sectors including residential, industrial, office and retail. Outside of the office, Phil enjoys music, reading and Formula One.

Nigel Grugeon

Nigel is a Chartered Surveyor with over 40 years' experience in General Practice. Originally with a background in commercial property he has for many years concentrated on providing general consultancy advice to his many charity clients throughout the UK, occasionally involving properties in Ireland, France, Belgium and Italy. Nigel’s work covers a wide range of activities associated with charity owned properties which include the sales and acquisitions of substantial Estates, of properties in the healthcare and education sectors as well as development land and conventional domestic residences. Formerly based in the City of London, Nigel joined Reeves & Partners in 2010 adding his many clients to the firm's already substantial charity client base.

Sam Hain

Sam Hain joined us in the summer of 2017, shortly after graduating from the University of the West of England, Bristol with a BA (Hons) in Politics and International Relations

Sam started work in asset management department, working as a graduate asset manager and will soon be starting his assessment of professional competence (APC) - the on-the-job training scheme graduates need to complete to qualify as a chartered surveyor.

Sam grew up in Warwickshire and attended Warwick School and outside of work, he enjoys playing golf and football and is a Coventry City supporter.