WORK STARTS ON CW72 – A SPECULATIVELY BUILT WAREHOUSE OR PRODUCTION BUILDING ON CASTLEWOOD BUSINESS PARK AT J28, M1


September 18, 2018

Industrial/Warehouse News

Castlewood Business Park is one of the region’s foremost industrial and distribution locations, set at the intersection of the M1, J28 and the A38.

Developed wholly by CWC Group, over 1.5 million sq ft of production and distribution space has been built over the last few years.

To build on this fantastic location and track record, CWC Group are now embarking upon the speculative construction of a 72,000ft² unit to be marketed by Tim Gilbertson of FHP and Ranjit Gill of Savills.

Agent for CWC Group, Tim Gilbertson commented:

“What a fantastic building this will be!  Castlewood has seen huge success over the last few years, indeed our clients are currently constructing a 249,000ft² building for an expanding local occupier and to run with that and augment the park still further they are taking the wise step of speculatively building a prime 72,000ft² unit on the site which will be ready for occupation in Q2 2019.

Offered to buy or rent, this is great news for a market which remains short on stock and we hope that it will be snapped up quickly.  Myself and my fellow agent Ranjit Gill of Savills would be delighted to discuss in detail or meet potential occupiers on site who may want to take advantage of this terrific opportunity.”

James Richards of CWC Group commented:

“We also have now built out over 1.5 million sq ft of space at Castlewood and speculative construction of a unit on the site seemed the next logical step.

CWC72, our 72,000ft² warehouse should be well received and we hope will either let or sell quickly.

The location couldn’t be better and with the location comes an opportunity for occupiers to benefit from neighbours including the Cooperative Group, Bombardier, Alloga and many others.

We still have over 30 acres of land up for development on a design and build basis for bespoke properties that can be purchased or rented and our agents remain keen to speak to occupiers who may need space from as little as 15,000ft² upwards.

We are excited by this speculative development and are sure it will be well received in the market.”

For further information on the speculative development at Castlewood or indeed for any party who may require a bespoke built warehouse or industrial unit to buy or rent then please contact the agent Tim Gilbertson on 0115 9507577 / tim@fhp.co.uk

 

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Contact Agent

Tim Gilbertson

T: 07887 787 893

E: tim@fhp.co.uk

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