Property company Hortons has secured planning consent for a new 175,000 sq ft fleet management centre in Leicestershire, which has been pre-let to Toyota Material Handling UK (TMHUK) on a 15-year lease.
Hortons will develop the purpose-built facility on a 7-acre plot at Old Dalby Business Park, near Melton Mowbray, where TMHUK has been based for more than 20 years.
The new facility will comprise production and workshop space, office accommodation, internal and external storage, and a secure service yard. It is targeting an EPC A rating.
Construction is already underway, with practical completion targeted for March 2027. Amphion Construction has been appointed as main contractor.
TMHUK currently refurbishes, repairs and prepares more than 12,000 trucks annually at its existing Old Dalby Business Park operation. The new centre will support the planned expansion of the team based at Old Dalby and represents a significant investment in the company’s long-term growth and UK operations.
Jeremy Boothroyd of Hortons, said: “We are pleased to have secured planning consent for this strategically important scheme. The development will deliver high-quality, sustainable industrial space that enhances TMHUK’s operational capabilities and supports its continued growth. It also forms part of our wider programme to upgrade Old Dalby Business Park.”
Stuart Reilly, TMHUK’s Director – Rental & Used, said: “We’re delighted to take this significant step forward by securing planning permission and commencing the build programme for our new Fleet Management Centre. This high-quality, sustainable development will deliver a better working environment for our team members while continuing to elevate the experience we deliver to our customers. By investing in this facility, we are strengthening our ability to support our customers’ evolving needs for many years to come.”
Old Dalby Business Park extends to 39 acres and is located between Leicester, Nottingham and Loughborough, with access to the M1 via the A46. Existing units range from 2,000 sq ft – 135,000 sq ft, with planning consent in place for the development of an additional 25,000 sq ft building, which will be delivered on a build-to-suit basis.
Joint agents for Old Dalby Business Park are FHP and TDBRE.
