It follows planning permission at the start of the year for a similar industrial scheme lodged by The Wigley Group on Stonebridge Trading Estate, Rowley Drive.

Combined, the two exciting new schemes will help to provide 33 units in total, £8.5 million worth of investment, and bring business and employment opportunities to Coventry.

Work at the new Albion Enterprise Park will begin this year, ready for tenancy next year. 

Mike Vining, Land and Development Director at The Wigley Group, which is based in Southam in Warwickshire, said: “This is fantastic news for the region. This scheme responds to the acute demand for industrial space in a well-connected location such as this, and so it is no surprise that we have already received interest in these units.

“We are now exploring finance and funding options in the coming months ahead of commencing work later in the year.”

The scheme on Endemere Road will provide sustainable and modern industrial units with office and storage space catering for small businesses, along with 72 car parking spaces.

The 1.88-acre brownfield site at the back of the Albion Industrial Estate is currently vacant following the demolition of dilapidated pre-war industrial units.

It is close to the A444, with connectivity to the national transport network including the M6 and M69.

The Wigley Group is a specialist in the industrial sector with a significant portfolio of property and landholdings.

Established in 1964, it is an ISO 45001 and 9001 certificated company active in real estate acquisition, development and construction, as well as having an asset management of portfolios for both itself and commercial partners.

Pictured: A CGI of how Endemere Road will look