Economy & Finance

Austrian-based company agrees deal for new base in Telford

Total Developments has confirmed it has secured the first occupier to Total Park Telford, six months ahead of  practical completion of the Industrial and Logistics development. 

Polytec Car Styling has agreed to pre-let Unit 3,  comprising 126,133 sq ft with a long-term lease signed to service a new customer contract.  

Founded in 1986, Polytec has grown to become a key player in manufacturing plastic components  for various sectors, including automotive, truck, bus, and non-automotive industries. 

The company  operates across 13 locations globally, with a workforce of approximately 3,900 employees. 

This letting is for the largest of the four units at the Telford development. The construction of the units is targeted to achieve Net Carbon Zero in construction, BREEAM  ‘Very Good’ and EPC A Ratings. 

Each detached unit on the development has an excellent power  provision, dock and level loading doors, dedicated parking and yard areas, up to 12.5m eaves  heights and first floor high specification offices.  

The development expects to create an additional 450 jobs for the local community and over  14,500 trees and shrubs are to be planted as part of the development.  

Ed Chantler, CEO of Total Developments said:  “We are delighted to welcome Polytec as the first  occupier to our new build development in Telford. With the lack of competing stock and high  specification being delivered for these units, we are confident of further lettings being achieved.  We are on track to deliver the full scheme for Q2 2025 and meeting our BREEAM and EPC targets  across the site.”  

Leasing agent Richard Bradbury, of Bulleys Bradbury, added:  “We are delighted to have secured this  letting for Total Developments ,well ahead of completion of the build. 

“This scheme offers much  needed high quality industrial stock for the Telford area ,with high eaves and excellent power  provision and strong interest is being attracted to the remaining units’’.  

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