Developer brings forward business park scheme after land purchase

Clowes Developments has announced plans to bring forward a new development plot at one of its business parks after acquiring additional land.

The developer has sealed a deal for the extra land at Castlewood Business Park, in Sutton-in-Ashfield, which is just off the A38 and close to Junction 28 of the M1.

The acquisition marks the next phase of the park’s development and paves the way for the delivery of a new fully consented 111,739 sq ft, high-spec industrial and logistics facility, available on either a freehold or leasehold basis.

The proposed development will provide a design-and-build warehouse and industrial facility aimed at occupiers within the logistics, storage and distribution sectors.

The 111,739 sq ft development will comprise 106,929 sq ft (9,934 sq m) of warehouse accommodation alongside first and second-floor office space totalling 3,896 sq ft (362 sq m) per floor.

The specification includes 10 dock loading doors, four level-access loading doors and contemporary two-storey office accommodation positioned around a glazed reception area.

The building is targeting Net Zero in operation, a BREEAM ‘Excellent’ certification and an EPC A rating.

Kevin Webster, associate development director at Clowes Developments, said: “The purchase of this additional parcel of land enables us to bring forward another significant industrial and logistics opportunity at Castlewood Business Park.

“Demand for well-connected, sustainable, high-quality distribution space remains strong, particularly given the shortage of available new-build industrial accommodation of this scale across the East Midlands.

“This development will provide occupiers with an efficient, future-proof facility in a prime location while continuing the successful development of Castlewood Business Park.”

Joint letting agents, Tim Gilbertson of FHP Property Consultants and Tom Kimbell of APEX, said: “Schemes of this quality and scale are becoming increasingly difficult to find across the East Midlands.

“With supply remaining constrained and demand from manufacturing, logistics and distribution businesses continuing to be robust, we expect this opportunity to attract significant interest.

“Castlewood has established itself as one of the region’s leading industrial locations, and this opportunity provides occupiers with the chance to secure a best-in-class facility in an unrivalled strategic position with an enviable power supply.”