Planning submitted for Markham Vale expansion

Property developer HBD, part of Henry Boot, is bringing forward a new 31,264 sq ft commercial scheme at Markham Vale which could create more than 100 new jobs.

Reserved matters planning has been submitted for Markham Vale Trade Park; a brand-new development designed for trade counter businesses and SMEs. A 4,000 sq ft pre-let is already under offer to a national operator in a deal that could create around 16 full-time jobs.

Markham Vale is a flagship 200-acre industrial and logistics scheme delivered in joint venture between HBD and Derbyshire County Council. An award-winning development, it remains one of the region’s best-located industrial and logistics schemes, sitting at the heart of the UK motorway network and providing direct access to the M1 via a dedicated junction, J29a.

Vivienne Clements, Executive Director at HBD, said: “The Trade Park will be the newest addition to Markham Vale aiming to accommodate trade occupiers and smaller business who want to benefit from the scheme’s prominence and accessibility to the surrounding demographic. The Trade Park will provide much-needed Grade A space, allowing smaller trade businesses to operate from energy-efficient buildings in a prime business location.

“The job creation element is also significant, with the potential to provide 100 full-time jobs. Almost 20 years after development began, Markham Vale remains one of HBD’s most successful projects and we’ve no doubt this latest addition will see strong interest from potential occupiers looking for well-located, high-quality space in an area with a strong local labour market.”

Councillor Tony King, Derbyshire County Council’s Cabinet Member for Clean Growth and Regeneration, said: “This is a fantastic addition to Markham Vale bringing more jobs to the area and opportunities for small businesses, as well as providing a supplies hub to trades operating in the area.

“We’re proud of the positive impact Markham Vale continues to have on the local economy and this announcement sends yet another strong signal to other investors that Derbyshire is a place that helps businesses to survive and thrive.

Occupiers will benefit from Gridserve’s new Electric Forecourt being developed on the adjacent plot. Markham Vale Trade Park is expected to start on site late this year.

The letting agents on Markham Vale Trade Park are JLL and M1 Agency.

Harry Fullerton, Associate Director at JLL, said: “This is an excellent opportunity for trade occupiers and small businesses to capitalise on the prominence of Markham Vale as well as the growing number of homes and population surrounding the scheme. The energy-efficient specification and long track record of delivery by HBD at Markham Vale will undoubtedly make this latest development an attractive proposition for occupiers in a market of low supply.”

Markham Vale offers an appealing location for occupiers given its population of 270,000 (expected to increase further with more than 4,000 new homes being built within the area) and 119,000 passing vehicles each day on the M1. Its location close to amenities including McDonalds, Starbucks, KFC, ASDA and Burger King, plus the new Gridserve EV charging forecourt, will also benefit occupiers.”