DTZ, a UGL company today announced that Clowes Developments (UK) Ltd is close to completing the construction of new grade A offices at Ivanhoe Business Park in Ashby de la Zouch, Leicestershire. This will be the first speculative development to take place in the area for a number of years.
The national property developer is currently on site speculatively building two attractive semi-detached office buildings which will be available on a leasehold or freehold basis, providing accommodation from 2,500 sq ft to 7,230 sq ft. Offering occupiers in the area the opportunity to relocate to better quality more efficient space, the high quality buildings include air conditioning as standard and will achieve an EPC B rating.
Comprising a combination of office and industrial space, the business park is being marketed by DTZ and Salloway of Burton on Trent, Derby and Nottingham.
Helen Longstaffe, Director, Business Space at DTZ in Nottingham commented: “This is a massive vote of confidence for Ivanhoe Business Park and demonstrates Clowes’ commitment to the site, particularly as there are very few developers speculatively developing at the moment.”
Phil Randle, Partner of Salloway at Burton on Trent echoed Helen’s views and said he: “Expected the development to follow the success of the first phase which attracted companies including SVA, Hima-Sella and Wilson Vale.”
James Richards, Development Surveyor at Clowes Developments (UK) Ltd commented: “In the present market a lot of people were surprised that we decided to build speculative office units, however, we have total confidence in the site and are delighted to see that our confidence is paying off with the high level of interest we are receiving. The offices are a showcase of our new specification and incorporate high quality interior and exterior finishes.”
Located two miles from junction 13 of the A42 directly off the A511, Ivanhoe Business Park comprises a 29 acre landscaped development offering design and build offices from 2,000 to 50,000 sq ft. Existing industrial / warehouse units are available between 4,000 sq ft to 7,000 sq ft and up to 170,000 sq ft on a design and build basis.
