Joint Venture partners acquire land for next phase at Markham Vale

CGI of the new units

Developers Priority Space and H.G. Holdings have acquired a further plot at Markham Vale and announced plans to deliver a high quality and well specified industrial unit totalling approximately 15,000 sq ft, which will be available for sale or lease.

With planning permission now granted, a start on site is anticipated during August, 2018. The building will be available for occupation from the start of 2019.

This latest single and self-contained unit follows the delivery of phase 1; a 26,000 sq ft multi-unit scheme, known as Wilson Business Park, which has seen five of its units sold, and a further two presently under offer, secured by leading national consultancy Commercial Property Partners LLP (CPP). Occupiers on the estate include Direct Track Solutions, Catering Projects, Magpie Beauty, and Shotblast Solutions. Another unit has been purchased by a private investor who is in advanced negotiations with and as yet unnamed tenant.

Stuart Waite, a Partner at sole agents Commercial Property Partners (CPP), commented “We are delighted to be able to offer this latest building to the market, there is very little stock of a similar size and specification in the region. We believe there is latent demand, and are expecting strong levels of interest.

“The building will provide high quality, self-contained warehousing space with office content and would be the perfect HQ premises for any business looking for accommodation in this part of the region, with fantastic links to J29a of the M1”.

Lee Buchanan at Priority Space commented “We have invested heavily in the business park with the initial delivery of Phase 1. With sales progressing nicely, we have made the decision along with our development partners at H.G. Holdings to build out a 15,000 sq. ft. detached unit to cater for a larger operator requiring self-contained facilities.

“The estate is now well established with excellent occupier amenities, and we’d encourage interested parties to register an interest with us or our appointment agents, CPP, in order to discuss their requirements further”

Markham Vale benefits from its own dedicated M1 motorway junction, Junction 29a – just 5 miles east of Chesterfield and approximately 20 miles from Sheffield, Nottingham and Derby. Markham Vale is a 200-acre employment led scheme being delivered by Henry Boot in partnership with Derbyshire County Council.