Selco Builders Warehouse have agreed to take a design and build 35,000 sq.ft unit to provide their builders merchant business in Leicester.
The store will be located on Parker Drive on the site of the former Forest Business Centre, the existing Forest Business Centre will be demolished and a purpose built 35,000 sq.ft industrial unit will be constructed for Selco’s occupation.
The Forest Business Centre consists of 4 acres of prime industrial development land, the owners Trafalgar Global Limited, took the decision that they would redevelop the site to cater for modern businesses.
The Selco unit will sit on 2 acres with a modern portal frame building providing ample parking and delivery/yard area to provide their trade business.
APB Partner Reg Pollock who acted for the owners said:
“There has been a distinct shortage of new build units within Leicester City Centre in the last few years, and certainly anything of this size. We worked closely with the owners to design a scheme that suited the market and to maximise the potential of the site.”
“The scheme suited Selco as the location of the site, close to the City Centre, allows them to provide coverage to their trade customers across the whole of Leicester/Leicestershire and the excellent road network around will provide access for deliveries.”
“Demolition of the existing site will now commence within the first quarter of 2017 and we intend for Selco to be up and trading before the end of the year.”
Mandip Singh from the Landlords said:
“We have worked closely with APB to provide a scheme that will work for modern businesses and will be delivered from start to finish on time.”
“We are exceedingly happy to have Selco as a tenant on this site and we look forward to working with them in the future.”
Simon Norton of Colliers International who acted for Selco in the acquisition said:
“We are really pleased that the transaction has exchanged and the development will provide Selco with a fantastic trading opportunity in the Leicester area.”
Selco Builders Warehouse are a national builders merchant with stores across the country, and has rapidly grown to be the 4th largest builders merchant.
The remaining site, which has an outline consent for B1/B2 & B8, can deliver a further 27,500 sq.ft of modern warehouse.