Industrial/Warehouse News

Acting on behalf of leading global real estate investment manager, Hines, Tim Gilbertson, Director of FHP Property Consultants is delighted to confirm the letting of over 100,000ft² to Davenham Switchgear, a blue chip occupier, at Fairham Business Park, Nottingham’s foremost business and commercial park.

This speculatively constructed unit has been acquired by Davenham Switchgear on a long term lease, as they bring further jobs and investment to Nottingham and the East Midlands and augment the strong occupier line up already at Fairham.

In a deal pulled together and overseen to its successful conclusion by Tim Gilbertson, he commented:

“What an absolute pleasure to be involved in this transaction. The letting of over 100,000ft² in Nottingham’s foremost business location, Fairham Business Park, is a real boost for Nottingham and indeed the wider region as Fairham’s fabulous transport links and environment attracted our eventual occupier who wanted to take advantage of the unrivalled communication links and environment that has been created at the park.

I am delighted that we managed to secure such a high calibre covenant as occupier and it was a pleasure to work with Tom Nicholson from Davenham Switchgear throughout.

Equally, It has been my pleasure to act for our clients, Mickey Scott and Greg Cooper at Hines, as their sensible approach to the transaction and foresight to secure such an investment opportunity must be recognised and by securing this letting, they have procured a fabulous investment for themselves with a blue chip covenant taking a long term lease in this prime location.

For all parties, this is a great deal and great result and with other space under offer at Fairham Business Park, I look forward to bringing news of further transactions soon.”

Mickey Scott, Director at Hines added his thoughts:

“I am thrilled to have completed this deal with our occupier, adding another notable tenant to our line up at Fairham Business Park. Having two of our three units at Fairham now let, and the other under offer, is testament to the quality of the buildings and location. We look forward to seeing more activity in 2025 at our remaining available sites in the East Midlands, Dove Valley Park and East Midlands Distribution Centre.”

Tim Gilbertson concluded by adding:

“Despite the ongoing economic uncertainty, we are still finding good demand for space across the board in the industrial and distribution sectors and hopefully this further success will be a precursor to a successful and productive 2025.”

For more information on this deal or to see how FHP Property Consultants can help you with your acquisition, letting or sale of commercial property, please contact Tim Gilbertson of FHP Property Consultants on 07887 787 893 or tim@fhp.co.uk.

ENDS

Tim Gilbertson

3 March 2025

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