Whilst some parts of the property market have been sleepy over the summer months, Castlewood Business Park at Junction 28 of the M1 has pressed on with a wide range of activity on site.
Agents for the scheme Tim Gilbertson of FHP and Ranjit Gill of Savills commented:
“The recently speculatively completed 72,000ft² warehouse/production building on site, CW72, has create substantial interest and has been placed under offer. We hope to be able to confirm details of the new occupier in the next couple of weeks.
As a result of this success, site preparation works on Plot 11 which sits close to the Junction of the A38 and the M1 have commenced with further planned speculative development coming soon on that site. It will ultimately offer smaller units to buy or rent from as little as 15,000ft² upwards as this plot and scheme progresses throughout the year.
Finally a further part of Plot 6 has been put under offer to add additional amenity and facilities to the site and we look forward to revealing details of this exciting development in the near future.”
Tim Gilbertson concluded by adding:
“The onward development at Castlewood is fantastic, it is terrific to have a site where we always seem to have activity with a couple more deals completed recently and further development planned. It is certainly an exciting time for the park as we move towards the last quarter of the year.
We still have though plenty of land available to develop bespoke industrial or warehouse space from as little as 15,000ft² upwards and our land supply is diminishing so hopefully any potential occupiers who have been watching development on the site with interest over the last few years will take advantage of the final plots available and will give me a call to move to the region’s foremost park.
I would be delighted to discuss potential interest with any possible occupiers.”
