Thursday, June 17, 2021

Green light for second phase of development at Forbes Park, Long Eaton

Clowes Developments has been granted planning consent to speculatively build out phase 2 of Forbes Park, Long Eaton.

Erewash District Council have given the green light for three speculatively built units totalling 45,000 sq ft. The standalone units will be located to the left-hand side of the main entrance. The units will be jointly marketed by agents NG Chartered Surveyors and FHP Property Consultants.

The two front units (A & B) are already under offer with interest gaining momentum on the other, unit C, a detached unit of 2,364 sq m (25,445 sq ft) with excellent specification and external yard space.

The contractor, Roe Developments, is already onsite having recently completed the earth works in readiness to start building phase 1 of the development known as Forbes Court which offers a total of a total of 32,562 sq ft across 11 trade / industrial / warehouse units.

Interest in the entire scheme is high with blocks D&F already snapped up, and will see occupiers, including national retailer, Toolstation, trading as early as Quarter 4, 2021.

Chris Proctor, of FHP Property Consultants, said: “More space becoming available at Forbes Park is great news for the market at a time when we continue to see remarkable levels of demand across all sizes and spheres of the East Midlands commercial property market from both tenants and potential purchasers alike. Hats off to Clowes for proactively building much needed stock speculatively across the region.”

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