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Industrial/Warehouse News
Tim Gilbertson of FHP and Richard Sutton of NG Chartered Surveyors have been appointed as agents on Clowes Developments latest exciting scheme in the East Midlands, the proposed redevelopment of former industrial premises on Fields Farm Road in Long Eaton, now titled Forbes Park.
Formerly the home to a substantial manufacturing complex, the site has been launched with occupiers in the warehousing and manufacturing sector targeted as well as trade counter operators.
With the benefit of terrific prominence, the site fronts onto Fields Farm Road, effectively the eastern loop road for Long Eaton. The site should appeal to any occupier seeking a visible base, ideal for production or warehouse operators with showroom elements.
Equally, the site should appeal to trade counter users and an exciting scheme has been drawn up to maximise this road frontage and provide terrific signage and visibility options.
Tim Gilbertson, Partner of FHP commented:
“We are delighted to bring this scheme forward for Clowes Developments who continue their strategy of offering high quality design and build solutions on prominent sites throughout the East Midlands.
Forbes Park is no different to Clowes other options as it provides a terrific opportunity for any warehouse or industrial occupier to secure built to suit space on either a leasehold or freehold basis.
Forbes Park aims to build on the success that Clowes Developments have had at East Midlands Distribution Centre (EMDC) which sits approximately 4 miles to the south near Castle Donington and where construction is nearly complete on a new facility of approximately 1,000,000ft² for Marks & Spencer.
Whilst Forbes Park is obviously a smaller option, aimed at occupiers of space from 30,000ft² to 150,000ft², this location is again superb and within easy access to an excellent labour pool.
This site is particularly attractive in my eyes as it is so close to the centre of Long Eaton with the availability of an extensive labour pool, augmented by the proximity of the site to both the M1 at Junctions 25 and 24.
Prominently sited fronting Fields Farm Road, and in a traditional employment area of the town, the opportunity should be ideal for any operator seeking prominence with the potential to maximise upon trade counter or showroom use.
The site can accommodate built to suit units from as little as 30,000ft² up to 150,000ft² and we already have initial discussions with local and indeed regional occupiers.”
Andrew Bock, of Clowes Developments commented:
“From the enquiries we’ve had to date it is apparent that a number of Long Eaton based businesses have outgrown their units and are looking to relocate within the vicinity in order to retain their workforce. There are no sites of this size within the vicinity so we hope to make a start on site soon.”
Richard Sutton, joint agent at NG Chartered Surveyors added:
“I think we are in a unique position with Forbes Park due to its location, it differentiates itself by its proximity to a massive labour supply and is ideally placed to focus on the demand in the manufacturing sector as opposed to distribution companies. Even at this early stage of our marketing, collectively we have been encouraged by the volume of interest from local companies and we are working hard to finalise terms.”
The site is cleared and ready for development and the joint agents would be delighted to hear of initial expressions of interest from occupiers who want to take advantage of this superb location.