Investment News | 13 December 2022

Work begins on speculative units

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Work has started on a new speculative industrial scheme in North Derbyshire.

Devonshire Property Group, which is part of the Devonshire Group, is behind the six-unit development at Hartington Business Park, Staveley, near Chesterfield, which will comprise three terraces of high specification industrial and warehouse space totalling 22,613 sq ft.

The units will range in size from 2,429 sq ft to 4,856 sq ft or be combined to create single units of up to 8,044 sq ft.

The scheme is being marketed by Knight Frank and Commercial Property Partners.

Harry Orwin-Allen, of Knight Frank’s industrial team, said: “There is a distinct lack of supply for good quality industrial spaces under 10,000 sq ft.

“This speculative development delivered by Devonshire Property Group will prove attractive to occupiers seeking high quality accommodation in the region.

“The units are currently under construction and will be ready for occupation in Q1 2023.”


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