Wilson Bowden Developments’ prime new build industrial and warehouse scheme, Blenheim Park, set just off Junction 26 of the M1, has already secured its first deal of 2014 selling 11,669 sq ft to to Morrells, the UK’s largest manufacturer of high performance interior wood finishes.
Attracted to Blenheim Park by its strategic location and quality of available buildings and occupier mix, Morrells will relocate from its current premises at Moorgreen.
Blenheim Park represents the only speculatively constructed new build warehouse and industrial space immediately available on the market in a prime location in and around the Nottingham area. With a further building under offer, the scheme now has only one building of 23,364 sq ft immediately available, on a leasehold or purchase basis.
The site also has over 14 acres of serviced land available on a design and build basis, capable of accommodating new buildings of from 30,000 sq ft to 250,000 sq ft either to purchase or rent.
Development director of Wilson Bowden Developments, Stephen Pedrick-Moyle commented:
“I am delighted to see this deal complete and another unit occupied on the estate. Over the past 12 months we have seen a strong take up rate of our stock properties. As a result we would hope that occupiers will now look to build-to-suit due to the lack of available stock.”
James Keeton of Jones Lang LaSalle, joint-marketing agents with FHP on the scheme commented:
“We are pleased to conclude another transaction at Blenheim Park and further enhance the occupier mix and success of the scheme. With just one final building immediately available and a lack of high quality stock in the market, we anticipate this will soon be occupied.
“This will not be the end for Blenheim though. We are actively promoting the design and build element of the scheme. Buildings can be tailored to meet occupiers specific requirements and with the land serviced and ready to go, complemented by the Wilson Bowden developer offer, we truly have one of the most deliverable schemes in the region”.