Friday, August 12, 2022

Three new units reach practical completion at Castlewood Business Park

Three new units have reached practical completion at Castlewood Business Park, Castlewood Court at J28, M1/A38.

The units were practically completed in the first week of February and during the early stages of construction the first deal was struck with CST Industries who relocated from Alfreton taking just under 25,000ft².

The remaining Unit 11B and Unit 11C measure 31,000ft² and 11,000ft².

Tim Gilbertson of FHP Property Consultants, who is marketing the scheme, said: “We were so delighted when our clients, Clowes Developments, confirmed that they would speculatively build further space on the site.

“We have moved over 1.5 million sq ft of space at Castlewood over the last few years and having more speculatively built stock available is great news.

“It’s no surprise that one of the three buildings is already let and another is virtually there, and therefore for any occupiers looking to buy or rent in the region, we do hope they will contact us shortly to arrange to have a look around as I don’t think these units will be available for long.

“There is further speculative build on the site in the pipeline for the future but as the old saying goes – once these units are gone, they’re gone!”

James Richards, Development Director at Clowes Developments, said: “I’m very hopeful that we will be confirming the second occupier at Castlewood Court within the next few days and with the amount of interest already generated in the remaining building, hopefully it won’t be long until the third and final occupier comes along.”

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