The industrial and distribution market around Junction 28 of the M1 Motorway is always regarded as strong and with the latest deal that Tim Gilbertson has completed this location seems to be pushing on once more.
With supply poor and demand improving for both leasehold and freehold space the deal completed here at Export Drive by Tim Gilbertson sees just under 30,000 sq ft let to established and successful manufacturer Whitemeadow, to enable them to expand again in a location which ensures their key skilled labour is retained.
Tim Gilbertson commented: “Having previously let one of Whitemeadow’s current premises to them a few years ago I was delighted when I had the opportunity to agree terms with them for this building of just under 30,000 sq ft to enable them to expand again. A pleasure to deal with throughout, they have secured a prime location close to their main base within an excellent position just off the A38 at Junction 28 of the M1 in a location where supply continues to diminish and demand continues to improve.
This is certainly the trend for the Junction 28 industrial and distribution market but pleasingly I have other similar space available around Junction 28 but would urge any potential tenants to contact me quickly as space around this junction is certainly moving swiftly. I wish Whitemeadow Furniture great success for their continued business development and expansion.”
Tim Gilbertson concluded: “Whilst we have the ability to house substantial requirements at Castlewood, the East Midlands premier manufacturing and distribution location which sits at Junction 28, by offering bespoke property for many companies time is of the essence and companies cannot wait for new space to be built. Pleasingly though as mentioned before I have similar buildings of 35,000 sq ft and above immediately available around the market at Junction 28 but as this letting proves the market is moving swiftly and any expanding companies should look to take space before the supply diminishes still further!”
