Tuesday, July 7, 2020

Two buildings completed and sold at Crosslink 646 in Loughborough

The owners and developers of Crosslink 646 at Loughborough, Rotherhill Developments, have completed two buildings on site of 66,000ft² and 29,000ft² and simultaneously completed their sale to expanding local occupiers.

Agents for the scheme, Tim Gilbertson and Chris Proctor of FHP and Mike Allwood and Geoff Gibson of Andrew & Ashwell are “delighted” with the speed at which these deals have been completed.

Tim Gilbertson said: “After what has been a busy year so far in terms of deals and construction on site, we are delighted with these two completions.

“This leaves us just one further plot where we can accommodate units from 20,000ft² up to 120,000ft² and where we are close to agreeing terms to another expanding local occupier.

“However, we still have options available and both myself and our joint agents would be delighted to speak with any interested parties.”

The 66,000ft² unit has been sold to local occupier Selective Marketplace. Operations Director Hannah Dashper said: “Our new warehouse at Crosslink has been designed to our detailed specification.

“It will enable us to consolidate all of our stock into one location which will lead to dramatic improvements in our operating efficiencies and give us much needed room for further growth. The extra office space will facilitate our new in-house call centre from which we aim to serve all our key markets around the clock.

“The process of acquiring and developing the land through Rotherhill has been straightforward with us taking possession of the build only 8 months after agreeing the deal.”

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