Derbyshire property group to deliver new trade and industrial scheme
Litton Property Group, Derbyshire based development and investment company, has completed the purchase of a 2.18-acre site at Markham Vale from HBD to deliver a scheme of industrial and trade units.
With current schemes in Derbyshire, South Yorkshire, Leicestershire, Oxfordshire and Bedfordshire, the property company has more than 25 years’ experience in commercial and mixed use development, delivering property solutions to often complex sites, and works in partnership with land owners, occupiers and its supply chain.
Commercial property agents Knight Frank and Curson Sowerby Partners (CSP) have been appointed to market and secure new occupiers for the new development Markham Vale Trade Park, which will offer seven units from 3,817 to 5,745 sq ft. The scheme offers flexibility and units can be combined to accommodate larger occupier requirements of up to 17,000 sq ft.
It will be developed speculatively with completion expected by Quarter 4 later on in the year, and is expected to create over 100 jobs.
Based on the ongoing development of Markham Vale, the new trade park will offer a roadside position close to occupiers, including CHH Connex, Gould Alloys, Subway, Grangers, McDonald’s, KFC, Greggs, SPAR, Shell and Starbucks.
Mark Twelves, Managing Director at Litton Property Group, said: “Markham Vale Trade Park will deliver a new benchmark for trade counter, warehouse and light industrial accommodation in Derbyshire.
“The development is tailored to offer flexibility to accommodate the operational needs of occupiers from a range of sectors. The units have been designed to a high specification with generous parking, efficient circulation space, and excellent visibility within the thriving Markham Vale estate.
“Our purchase and the development of the site sends out a strong signal that Derbyshire is a place that helps businesses to establish, grow and thrive. With a growing workforce, new housing nearby, and strong regional links, it is perfectly positioned for ambitious businesses.”
The specification of the units include high-quality design with glazed facades, 6.5m Eaves Height to allow for internal fit out and mezzanine first floors where required and generous parking with EV chargers. The development will be BREEAM rating of Very Good and have an EPC rating of A.
Rebecca Schofield, partner at Knight Frank, said: “The development will be attractive to both trade occupiers and traditional industrial occupiers wanting to benefit from the scheme’s prominence and accessibility to the surrounding demographic.
“It will provide much-needed Grade A space in a prime business location, with access to a strong labour market, as well as providing a supplies hub to trades operating in the area.
George Haworth from CSP added: “The seven units offer flexibility and we are already seeing good interest from trade and local occupiers. We expect to announce the first occupiers shortly.”
The wider Markham Vale development totals 200-acre industrial and logistics scheme delivered in a joint venture between HBD and Derbyshire County Council. The award-winning development remains one of the region’s best-located industrial and logistics schemes, sitting at the heart of the UK motorway network and providing direct access to the M1 via a dedicated junction, J29a. Chesterfield town centre sits five miles away; Mansfield is 10 miles, Sheffield 21 miles, with easy access to East Midlands Airport.
Research has shown that 119,000 vehicles pass the site a day; 4,080 new homes are within 10 miles of the site; 270,000 people live within 20 minutes; a population of 5.8 million people are within 60 minutes of the site; with 27.7 per cent of the local workforce in construction and manufacturing.
For more information on Markham Vale and the latest developments happening in and around chesterfield visit: www.chesterfield.co.uk/developments/
