Phase one at Beauchamp Business Park 80% sold

Tess Egginton
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Phase one at Beauchamp Business Park 80% sold

Over 80% of units in phase one of Beauchamp Business Park, a new commercial development in Kibworth, Leicestershire, have now been sold or are under offer, just two months after being made available for enquiries.

Beauchamp Business Park is being brought forward by Clowes Developments and its team including IMA Architects, TanRo, Millward Consulting Engineers, Gateley’s Legal and Postins Project Services. Philips Sutton and TDBRE have been instructed as agents on the scheme.

The level of take up at Beauchamp Business Park demonstrates the strength of demand from local companies wanting to grow their business within Leicestershire and companies from outside of the region choosing to make Leicestershire their new home.

By working in partnership with Investment Manager, Oliver Whittaker at Invest in Leicester, Clowes Developments has formed a strategic partnership that is committed to enhancing the local economy by attracting new companies, creating employment opportunities and promoting future growth. This collaboration will benefit the local economy and boost job creation in the local area.

In October, Units A and B were purchased by a Leicester based family of investors, and now terms have been agreed on the majority of remaining units.

Mike Denby, Director of Inward Investment at Invest in Leicester, says: “Leicester and Leicestershire presents an exceptional location for businesses seeking expansion, as evidenced by the popularity and quality of businesses at Beauchamp Business Park.

“By collaborating with companies like Clowes Developments and its partners, we can provide the infrastructure that supports ambitious businesses, fuelling growth within our region.” 

Paul Turner, Construction Director at Clowes Developments, says: “The level of demand we have seen for the site has been phenomenal which shows the strength of the real estate market in Leicestershire currently. We are proud to be delivering another scheme that will benefit the East Midlands economy and boost job creation in the local area.”

Ben Hall, Director at IMA Architects, adds: “We have been involved in the creation of Beauchamp Business Park from the start and have been able to create units that will be perfect for a range of industrial uses. It is fantastic to see the popularity of the site and I am sure it will be an asset to the local economy for years to come.”

Construction is underway at the site with Phase One completion expected in April 2024. Phase Two is currently being marketed on a leasehold and freehold basis. When complete, the site will feature a series of freehold and leasehold industrial units ranging from 1,270 sq ft to 10,085 sq ft.

PwC appoints Helen Ward as Midlands deals leader

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PwC appoints Helen Ward as Midlands deals leader

PwC has appointed Helen Ward as Midlands deals leader, succeeding Matthew Hammond who has led the deals practice over the past few years.

Helen joins the Midlands senior leadership team having built her career with PwC since 1996, most recently as a transactions partner in the deals practice. Helen specialises in providing financial due diligence services to a range of corporate and private equity clients, with a national focus on industrial products and services sectors, as well as a broad range of clients based in the Midlands.

Her priorities in the role will be to continue to build the deals practice in the region to support local businesses, as well as working with some of the firm’s biggest national clients, and helping to develop the next generation of talent.

Speaking about the appointment, Helen said: “I’m delighted to be taking on the role of Midlands deals leader. Having built my career in the Midlands since first joining the firm, it’s fantastic to be supporting the vision and strategy for the future of the region.

“As a diversity champion, I’m particularly focussed on developing our exceptional talent base and ensuring we have the right pathways in place to help all of our colleagues reach their career goals.”

David Morris, PwC UK Midlands regional market leader, said: “Helen brings a wealth of knowledge and experience working with some of the firm’s largest clients, and her commitment to developing talent will benefit so many of our colleagues.

“With almost 50% of PwC’s people based outside London, this appointment reflects the continued commitment and investment in our regional practices.”

Community health business acquires local pharmacies

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Community health business acquires local pharmacies
Health business Jhoots Pharmacy has acquired 36 community pharmacies with support from HSBC UK, with sites spanning from the Peak District to Hampshire. The deal is expected to protect 212 jobs and create up to 130 new roles. Jhoots Pharmacy will use a £17.4m funding package to acquire the sites across the UK which were previously owned and managed by Lloyds Pharmacy, securing jobs within small neighbourhoods and villages. Jhoots Pharmacy, which owns and operates 63 sites across the UK, will use the funding to undertake refits and enhance pharmacy offerings, ensuring local communities have access to urgent care services – such as referrals from doctors, sexual health consultations and travel clinics – to alleviate GP waiting times. Sarbjit Jhooty, business development director at Jhoots Pharmacy, said: “We were looking for the right banking partner to support our business and our vision to grow into a larger pharmacy chain. With HSBC UK’s backing, we’re committed to providing a service that puts the community first, with a strong face-to-face approach that will offer enhanced support to local areas.”

Partho Bose, relationship director at HSBC UK, added: “It’s extremely important to increase the access to care in the UK. With our extensive understanding and experience within the health sector, we’re providing Jhoots Pharmacy with financial foundations to realise the business’s ambitious growth plans as well as protecting and creating jobs.”

Citra Living acquires 63 homes at Leicester Waterside

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Citra Living acquires 63 homes at Leicester Waterside
Citra Living, the rental housing owner and operator that is part of Lloyds Banking Group, has acquired 63 homes from national housebuilder Keepmoat at its Waterside scheme in Leicester, marking the next step in their partnership. A new neighbourhood at the gateway to Leicester city centre, Waterside forms part of the wider regeneration of the city’s waterways that is unlocking underused brownfield land along the River Soar and Grand Union Canal. It will see formerly neglected industrial buildings transformed into a new neighbourhood of 300-homes. It also benefits from its proximity to a range of schools, supermarkets, and green spaces such as Abbey Park and Castle Park, as well as over 50 restaurants within a 15-minute walk. The properties Citra has acquired include eight apartments and 55 houses, from one to four-bedrooms, designed to suit a range of residents from growing families to commuters and empty-nesters who want to be close to the city centre. Seven properties have already been handed over to Citra, with a further 56 due to be completed by August 2024. JLL will provide property management services for these new homes. Sustainability is at the heart of the development, with smart technology used throughout to improve energy efficiency and reduce emissions. In line with this, 95% of the homes that Citra has acquired will have an EPC environmental rating of ‘B’. The wider Waterside regeneration project also includes plans for flood protection measures, enhancements to biodiversity and improved access to the canal and river. The partnership between Citra and Keepmoat was announced earlier this year, with the aim of increasing the supply of high-quality rental housing across the UK by building Citra’s portfolio of purpose-built rental properties. This latest acquisition follows the partnership’s exchange of almost 50 homes at Gedling, Nottingham in August. Andy Hutchinson, Managing Director of Citra Living, said: “The unused brownfield site at Leicester’s waterside has so much potential and, thanks to the ongoing investment from the Council and others, it is set to become a vibrant new neighbourhood that will benefit the community for generations to come. “That’s what made it the perfect fit for Citra, as we continue to offer rental options where people want to live long-term, close to employment hubs and amenities. “Like many other UK cities, Leicester has a striking shortage of homes available for rent, so, we’re pleased to be able to support Keepmoat in replacing unused land with high-quality, sustainable homes.” Tristin Willis, Regional Managing Director at Keepmoat, East Midlands added: “Partnering with Citra to progress the development of the disused brownfield land at Waterside is a huge success for the area and is also paramount to Keepmoat’s commitment to creating sustainable communities. “We’re extremely proud of our partnership model that allows us to work across local authorities, partners and housing associations to deliver much needed sustainable, new homes.”

Flogas acquires standby generator specialist DTGen

Stuart Pearcey
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Flogas acquires standby generator specialist DTGen
Syston-bsed off-grid energy provider Flogas Britain has acquired DTGen, a specialist in standby power generators and combined heat and power systems. This move is said to represent a pivotal step in Flogas’ mission to provide commercial and industrial businesses across the UK with a comprehensive range of energy solutions. With DTGen on board, Flogas will now be able to offer a broader range of energy solutions to customers with high energy needs. This includes emergency/standby diesel and gas power generators that can also be fuelled using lower carbon LPG and HVO, as well as CHP systems, and high voltage services – all of which are aimed to lower emissions, increase energy efficiency and reduce costs. The move also combines DTGen’s specialist engineers, high-voltage certified professionals and skilled service technicians with Flogas’s expert team, so customers right across the UK will benefit from the highest quality of service and support all in one place. Flogas MD Ivan Trevor says: “DTGen is a fantastic addition to the Flogas family, and this move really step changes our offering to higher energy users and those with onsite power generation needs. The synergy between the businesses was clear, and we knew that combining our offering and expertise would really strengthen our proposition. By joining forces, we can now deliver start-to-finish, tailored solutions for commercial and industrial customers, whilst also fulfilling their on-going energy supply – it makes us a real one-stop-shop.” Paul Moore, MD at DTGen adds: “This is a really positive and exciting development for our business and the growth of our people, opening up lots of new opportunities. We’ve worked really successfully with Flogas in the past, so by coming together and operating as one team, our offering and combined expertise becomes unrivalled, and we’re excited to bring this to large-scale energy users nationwide. We’re also equally dedicated to helping businesses transition towards a lower carbon future, and together we have the perfect portfolio and future-ready energy supply to make this happen.”

Olympic cycling medallist joins University as Head Coach

Stuart Pearcey
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Olympic cycling medallist joins University as Head Coach
Double Olympic cycling medallist Bryan Steel has joined the University of Derby’s Team Derby Performance Sport Cycling as Head Coach. Bryan Steel represented Team GB at four Games from 1992 to 2004, winning bronze in the team pursuit event at the 2000 Sydney Olympics and silver in the same discipline at the 2004 Athens Games. He has also picked up five World Championship and three Commonwealth Games medals. Bryan has been actively involved in the development of cycling in the region since 2012 and founded his own cycling academy in 2015. Team Derby’s Performance Sport Cycling programme supports student athletes in track, mountain biking and road cycling to develop as athletes and study for a degree. Cyclists on the programme attend weekly sessions at the state-of-the art velodrome at Derby Arena and are offered a comprehensive support package to help them balance their studies and training. Bryan said: “Over the last eight years my passion has been to support and develop young talented cyclists to achieve their full potential. Now, working with the University of Derby, I feel we have the chance to develop one of the best rider pathways while giving each rider a better career opportunity inside and outside the sport.”

Construction milestone achieved for new Football and Community Hub

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Construction milestone achieved for new Football and Community Hub
An important milestone has been reached in the creation of Derby’s new state-of the-art Football Hub. Contractors Universal Civils and Build have reached the topping out stage of the build at Derby Racecourse, which signifies the completion of the roof on the building. This new sports building will regenerate football, providing sustainable facilities for all-year use, ensuring a long term future for grassroots football. This project has secured collaborative funding from Derby City Council, the Premier League, The FA, and the Football Foundation. Upon its completion, the facilities will be under the management of the National Football Trust on behalf of Derby City Council, with day-to-day operations overseen by Leisure United. The new facilities will include three new full-size 3G football turf pitches (FTPs), as well as refurbishment of the existing FTP, a new community building with a community café, reception area, and meeting spaces have been extended onto the existing Football Foundation funded changing room pavilion. In addition to the enhanced pitch provision, the Hub development will include increased parking spaces, improved entry and exit to the site along with improved foot and cycle paths through the park. In March 2023, Universal Civils and Build commenced construction of the Football and Community Hub after being appointed to the project by the Council’s leisure development partner Alliance Leisure. The announcement of the topping stage completion is a significant achievement in finalising the external structure and roof of the community building. In parallel, TigerTurf, the appointed contractor for the 3G football turf pitches, has confirmed that their work is proceeding as planned. The project remains on schedule and will officially open its doors to the community in early 2024. As planned, the site’s grass pitches have been back in use since early September, meaning football players have been able to return to the Racecourse for their local league matches. Councillor Hardyal Dhindsa, Derby City Council’s Cabinet Member for Communities and Streetpride, said: “Reaching the topping phase of the development of the Derby Racecourse Hub is a real milestone, and we’re now well on the way to seeing the completion in early 2024. “This development will offer a remarkable state-of-the-art building and pitches for grassroots football in Derby, but it extends beyond football; it will also create inviting community spaces where residents can come together and enjoy Racecourse Park.” Commenting on construction progress, Will Gardner, Business Development Manager, representing Alliance Leisure, said: “With construction works progressing on time we are really pleased with how the development is coming along. The assembled team have come together to work collaboratively on the Hub and it’s been great to see the progress being made.” Martin Glenn, Chair of the Football Foundation, said: “The new facilities here at the Racecourse will not only provide a boost to sport in Derby, but also a space for the local community to come together. “Thanks to the investment we receive from our funding partners, the Premier League, The FA and Government, the Football Foundation is working to deliver more Hubs like this across the country so that everyone can have access to great places to play.”

Council looks to invest in Worksop Market

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Council looks to invest in Worksop Market
Bassetlaw District Council is putting forward a proposal to create a new dedicated indoor market area at the Priory Centre as part of a £20 million town centre investment. In January 2023, the Council was awarded £17.9m of UK Government Levelling Up Funding to invest in Worksop Town Centre, with an additional £2 million in funding provided by the Council and its partners. In this time, the Council has taken ownership of the Priory Centre and has announced, along with its leisure partners BPL, the creation of a town centre facility that mixes retail, entertainment, and leisure. Just some of the facilities already confirmed will include a new food court, a bowling alley, climbing wall and indoor adventure play area, as well as new toilet facilities and a Changing Places toilet. The Council is now asking the public, traders, businesses and local stakeholders for their views on a proposal to create a dedicated, multi-functional, indoor market area that would reposition the markets from their current location of Bridge Street, into the Priory Centre. Cllr Julie Leigh, Cabinet Member for Identity and Place, said: “Through the Levelling Up Fund, we intend to revitalise Worksop Town centre, including making an investment in our markets that will open up a number of new opportunities for both traders and the public. “A new, indoor home for the markets presents traders with the option to operate seven days a week, 52 weeks per year, should they wish to do so, breathing new life into a market that has been established over many years. “Being located indoors, at the heart of a major new regeneration project, it also provides a more reliable environment to encourage start-up businesses and create a route of progression for market traders to grow from a stall to a retail unit. “This proposal will place the markets at the heart of the shopping centre and safeguard them for future years by making Worksop’s markets more financially sustainable and self-reliant.” Nationally and locally, markets have been in decline over the last 10 years, with the Council’s income from markets reducing year on year. Added to this, the costs of running Worksop’s markets have increased significantly. The current cost to the Council to provide a market now outweighs the income received. Currently the overall cost to the Council to provide a market in Worksop each year, after income, stands at £183k. The Council’s aim is to reinvigorate Worksop Market so that it provides a sustainable income, allowing reinvestment into the market for the future.

Fairham representatives select Lincs and Notts Air Ambulance as neighbourhood’s charity partner

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Fairham representatives select Lincs and Notts Air Ambulance as neighbourhood’s charity partner
Representatives from Nottinghamshire’s brand-new neighbourhood, Fairham, have committed to raise funds for Lincolnshire and Nottinghamshire Air Ambulance (LNAA). Fairham, a 606-acre site, is in the process of becoming a whole new neighbourhood for Nottingham with 3,000 new homes, one million sq ft of employment space and 200 acres of open green space. There will also be a neighbourhood centre and new educational, community, sports and leisure facilities. Due to Fairham’s locality and the vast amount of construction work taking place on site to deliver this new neighbourhood, it became apparent that in the event of an emergency, it would likely be the LNAA that would play a vital role in saving someone’s life. HSE reported that in 2022 to 2023 out of 135 workplace fatal injuries, 45 happened within the construction industry. The LNAA offers a vital life-saving service, providing pre-hospital emergency treatments to seriously ill or injured patients at the scene of an incident. Whatever the time of day, they are at the side of patients when they are most in need. Additionally, its Leonardo AW169 helicopter is one of the most modern helicopters flying today and can reach a top speed of 216mph and has a cruising speed of 180mph; three times faster than a land ambulance, which means its team of highly skilled clinicians can reach anywhere in the counties of Lincs and Notts, including Fairham within 20 minutes. Fairham delivery partners, Clowes Developments and Homes England, selected the local charity to benefit from any funds raised at the development during the 10-15 year lifespan as they deliver the brand-new neighbourhood. Lead infrastructure contractors, O’Brien Contractors Ltd contacted Clowes Developments about supporting a local charity with a generous donation of £2,000. Naturally, the partnership with LNAA presented an opportunity for O’Brien to kick start the fund-raising activity with their generous donation to this much needed charity. Tom O’Brien, Director at O’Brien Contractors Ltd, commented on the donation: “O’Brien Contractors Ltd are proud to support our clients, Clowes Developments and Homes England with not only the delivery of major infrastructure works at Fairham but also in their endeavours to raise much needed funds for Lincs and Notts Air Ambulance. “As has already been mentioned, the construction industry has a frighteningly high workplace fatal injury rate, to know that we are giving something back to a service that helps save lives provides a full circle moment.” John Todhunter, Project Manager at Fairham, added: “I am delighted to confirm that representatives from Clowes Developments and Homes England have chosen the Lincs and Notts Air Ambulance as its charity partner for its prestigious Fairham Development. “We are in awe of the service that the air ambulance provides in moments of need and are very aware that they are 100% reliant on public donations. We have a number of fundraising activities planned for the development, which will hopefully raise money and awareness for this excellent cause. “We wish to place on record our thanks to O’Brien Contractors Ltd for kick starting the fundraising with a generous £2,000 donation.” The charity’s helicopter is a top of the range Helicopter Emergency Medical Service (HEMS) aircraft offering head to toe access to patients in flight. Crew also carry blood on board, allowing them to deliver potentially life-saving blood transfusions at the scene. A typical call out costs around £4,000. Lincolnshire and Nottinghamshire Air Ambulance’s Corporate Partnerships Manager, Joe Harper, said: “We are incredibly grateful to everyone involved in the development of the Fairham neighbourhood for their generosity in selecting us as Charity partner. “Keeping our helicopter in the sky and our fleet of critical care cars on the road, providing a 24/7, 365 days a year service will cost £10m in 2023. As we receive no Government funding, we really do rely on local communities in Lincs & Notts to support our work. Thank you.”

MBO for Loughborough-based electronics manufacturer

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MBO for Loughborough-based electronics manufacturer
Mariam Smith, Managing Director of Datalink Electronics, has spearheaded a management buyout (MBO) of the Loughborough-based company, with the help of KBS Corporate. Datalink Electronics was established in 1983 and provides a variety of integrated design and production services to a broad customer base ranging from multinational PLCs to start-up businesses. The two shareholders, Eric Luckwell and Ian Wilson, decided the time had arrived for them to retire and instructed KBS to orchestrate a sale process, during which it became clear that an MBO led by Mariam would be the ideal solution. Fabio Rambelli, KBS Corporate associate director who oversaw the transaction, said: “Mariam had a very active management role and was gradually taking over an increasing number of responsibilities from the shareholders, which meant she was the perfect person to sell the business to. “I’m happy the MBO completed as Mariam is absolutely the best person to take over the company.” In their announcement of the deal, Datalink heralded the MBO as “a pivotal move that signifies a new era” for the business and “a catalyst for strategic evolution.” “Having effectively run the company for the past 12 months, Mariam emphasises the infusion of new talent, machinery and a streamlined structure,” Datalink’s statement said. “The MBO brings more autonomy, allowing Datalink to focus on key areas such as talent acquisition and investment in equipment. This new-found independence is set to redefine the company’s strategic direction, creating a dynamic and responsive organisation. “The post-buyout strategy includes exploring new partnerships and collaborations that align with Datalink’s growth objectives, reinforcing the company’s commitment to innovation and excellence in electronic design and manufacturing.” Fabio Rambelli added on behalf of KBS: “I would like to thank Eric, Ian and Mariam for their hard work on this transaction and for working with us. I wish all parties the very best in the future.”
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