The Warwick location is the latest for the Wakefield-based company which already has depots in Inverness, Glasgow, Durham, Kendal, Cumbria, Warrington, Newport, Reading, Stevenage and Okehampton.

Generator Power will pay rent of £125,000 a year on a two-year lease, with the option to purchase to buy the freehold property for £1.6 million at any point in the second year.

Tom Bromwich, managing partner at Bromwich Hardy, said: “We’re pleased to have secured a quality tenant for these premises which were let after competitive interest.

“The Heathcote Industrial Estate is a great location in Warwick, with excellent connections to the national motorway.

“This healthy deal demonstrates that there continues to be a strong market for modern and flexible premises from a range of businesses.”

Unit 16, Harriott Drive extends to 16,155 sq ft which includes a main building with two roller shutter doors, and an additional open fronted shed on a good concrete yard.

The freehold building was erected around 30 years ago and includes two-storey offices, a modern kitchen, male and female toilets plus a shower room, with parking at the front.

Heathcote Industrial Estate is home to a range of organisations including Dennis Eagle UK, Wanzl, NOMOQ and the JLR Academy.

The estate is approximately 1.8 miles from Warwick town centre, and within a four-minute drive of Junctions 13, 14 and 15 of the M40 motorway.

Bromwich Hardy worked closely with joint agents Tim Cox Associates of Stratford-upon-Avon to rent the property on behalf of Eray Property Management Ltd of Rugby.

Beth Laidler of Blacks Solicitors in Leeds provided legal advice to Generator Power Ltd, while Eray Property Management was advised by Holly Lockley of Shakespeare Martineau in Leicester.