STRING OF DEALS COMPLETED AT THE TEAL TRADE PARK SCHEME IN NOTTINGHAM

Industrial/Warehouse News

Agents FHP and Phillips Sutton acting on behalf of Northwood Urban Logistics have concluded a string of deals at the Teal Park Trade and Industrial Scheme in Nottingham which sees an established line up of trade occupiers now in place with just 1 of the 14 trade units remaining.

The latest occupiers to sign up on the trade scheme include ETB Tyres, a brand owned by Bridgestone, Clifton Trade Bathrooms, and Octopus Energy, who join an already established trade line up including PaintWell, Screwfix, Howdens, Toolstation and Karcher.

The scheme also includes a 155,000 sq ft industrial scheme with individual units from 9,606 sq ft up to 31,553 sq ft.  The recent letting of Unit 1 and Unit 2 to Yellow Octopus UK and Upcycle Labs leaves remaining availability from 17,785 – 31,553 sq ft.

The speculatively built industrial units benefit from up to 9.5m clear internal heights, electric loading doors, fitted offices with WCs and tea points, and secure yards with depths of up to 41.47m.

Anthony Barrowcliffe of FHP commented:

“This scheme has proven very popular and we are delighted to have secured such a high quality tenant line up for our clients.  The scheme is located on a busy arterial route to the east of Nottingham surrounded by a lot of new housing development taking place which makes it a perfect new location for new trade occupiers, last mile logistics companies and also production occupiers who can take advantage of the emerging population in this location. 

There are ongoing discussions on the remaining units and we hope to announce further occupiers in the near future.”

Brodie Faint of Philip Sutton commented:

“It is great to see this development fulfil its potential as a new location for both trade and industrial occupiers. The strength of the trade counter scheme has been further enhanced with the most recent lettings to Clifton Tiles & Bathrooms and Octopus Energy. With continuing demand and limited remaining availability, the goal of securing 100% occupation across the estate is now within reach.”

Iain Taylor at Northwood Commented:

“We are very pleased to welcome our latest occupiers to Teal Park demonstrating that it is appealing to a wide range of occupiers who will be able to adapt the units for a variety of uses.”