Tim Gilbertson of FHP and Phil Randle of Salloway are continuing to drive forward Clowes Developments prestigious Ivanhoe Business Park at Ashby-de-la-Zouch, with a fresh push on marketing coming off the back of continued strong interest.
Benefitting from a superb central location just off the M42/A42 at Junction 13 in Leicestershire, the site has terrific links to Birmingham to the west and the M1 to the east whilst remaining within minutes access of local services in the thriving market town of Ashby-de-la-Zouch. Already the development has attracted substantial interest and now is the home to a range of occupiers in both the office, warehouse and manufacturing sectors.
Ivanhoe Business Park has thrived even during the darkest days of recession over the last few years and with property demand significantly increasing in early 2014 and supply of quality office and industrial space and indeed design and build opportunities throughout the County and the East Midlands as a whole in poor supply, the future seems bright for Ivanhoe which can offer office space to purchase or rent from as little as 3,000ft² and upwards and warehouse or manufacturing space from 7,000ft² and beyond, again to rent or purchase.
The joint agents are thrilled at the prospect of encouraging further new occupiers to this prime site. Tim Gilbertson of FHP commented:
“For both myself and FHP as a whole it is great to continue our established working relationship with Clowes Developments on another of their schemes in the Midlands.
Having brought significant success to other sites throughout the region I see no reason given the quality of location, product and design and build options for this site that we cannot bring continued success to this scheme also.
In recent years Ivanhoe has bucked the trend and seen terrific growth bringing both local and national occupiers to this prestigious scheme which sits in a prime location just off the A42, whilst remaining most importantly, within minutes of the local facilities that the thriving market town of Ashby-de-la-Zouch can offer.
That may seem to be a minor point, but having banking and local facilities on the doorstep of the scheme is of key benefit to any occupier who is also seeking a destination which provides terrific links to the national motorway network, regional Cities of Nottingham, Derby and Leicester and also quick access to Birmingham and East Midlands Airport.
We have the ability on the scheme to offer office, production or distribution users prime product in a superb location and have existing office stock immediately ‘ready for occupation’ plus the ability to offer design and build warehouse or manufacturing space within a matter of months on either a purchase or rental basis.
The quality of location is coupled with the highest calibre of construction, with the specification of all the space on site unrivalled and for any occupier seeking a quality location and quality space for their business then Ivanhoe must surely be a first port of call.
Occupiers only need to look at the testimonies of other existing occupiers on the scheme to recognise what a great opportunity Ivanhoe Business Park offers and we very much hope to be announcing details of further occupiers in the near future.”
James Richards of Clowes Developments commented:
“Ivanhoe Business Park has been a terrific success for Clowes Developments and we have no doubt that moving forward similar success will be encountered as we embark upon the next phase of development at the site.
Our agents already have initial interest in both the remaining office space and design and build deals to purchase or rent on both industrial/warehouse and office accommodation. However, as we have two office buildings remaining, each available to purchase or rent, and there is still a great opportunity for any interested party to secure one of these before deals are agreed elsewhere.
In terms of the future, given the level of interest on a build to suit basis for both industrial/warehouse and office space we very much hope that as the market continues to improve, demand rises and supply diminishes still further that design and build opportunities which can be delivered within a fantastically shorter time period will be the way forward on this scheme.
For example, we already have a fully consented warehouse/industrial unit of 40,000ft² ‘ready to go’ which we could hand over the keys upon within 6 months of a deal being documented.
The ongoing lack of supply in the region suggests that design and build is the way forward and with our track record and ability to perform quickly, we very much hope that we will be announcing deals shortly.”
Joint agent on the scheme, Phil Randle of Salloway commented:
“The business park has bucked the trend during the recession with success achieved on the warehouse/industrial and office sectors. Negotiations are progressing well with three companies for design and build facilities and I expect more good news to be delivered by early summer.”