Construction on the ever popular Nottinghamshire-based Old Mill Lane development has completed on schedule, with confirmed tenants Screwfix and leading bakery business Greggs now open for business.
Securing the largest of the three new facilities, Screwfix, the UK’s multi-channel store selling trade tools, will sit alongside Greggs, which has over 1,800 shops and 6 million weekly visitors in the UK, and which pre-let a 1,350 sq ft unit earlier in the year.
Located on the main arterial route to the North of Mansfield with access to the A60, the mixed-use site location provides exceptional accessibility and passing trade, with strong interest in the third and final 1,350 sq ft unit according to commercial property agents Innes England.
The surrounding land use is a mix of retail, leisure, trade counter, industrial and residential with occupiers including Royal Mail, PTS and Volvo.
The news comes just days after leading property development firm Strawsons Property, the company behind the development, confirmed that it had formalised its lease agreement with Screwfix on another of its estates undergoing works in Nottinghamshire – the Hallcroft Trade Centre.
Adam Jones of Strawsons Property said: “There is a great demand for high quality commercial units in Mansfield and we’re delighted to welcome Screwfix and Greggs as tenants to our Old Mill Lane site in deals that we see as indicative of the strong location and high specification of the estate.”
Strawsons Property is a private property development and investment group with more than 50 years’ experience. The company focuses on developments and schemes that meet local needs and aspirations – spanning office, residential, industrial and mixed-use sectors.
Commenting on the project Scott Osborne, Associate Director at Innes England, said: “Once we recognised the site’s potential, it made sense for us to explore options. We quickly identified Screwfix as perfect tenants for the proposed units and terms were swiftly achieved.
“This is one of a number of new site announcements for Screwfix this year and forms part of the company’s aggressive expansion plans which has seen them take on more staff and broaden their presence in the Midlands.”