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Speculatively built industrial use facility sold at Castlewood Business Park

Speculatively built industrial use facility sold at Castlewood Business Park

Clowes Developments have sold Unit 11B at Castlewood Courtlocated off junction 28 of the M1 to Charles Pugh (Glass) Ltd.

 

The speculatively built 31,968sq ft warehouse and distribution facility withoffice space, welfare facilities, animpressive floor to ceiling glass windowed reception area and four loading doors has sold for an undisclosed sum to national windscreen and vehicle accessories distributor, Charles Pugh (Glass) Ltd.

The company have six other distribution centres across the UK including their head office based in Pinxton, Enfield, Wednesbury, Leeds,Leicester, and Manchester.

Ed Pugh of Charles Pugh (Glass) Ltd commented,

“The move to Castlewood Business Parks marks significant expansion for the company. The brand-new facility with its excellent location and links to major road networks provides the perfect addition to our distribution centres located across England.”

Hannah Bailey, Development Surveyor at Clowes Developments added,

“We are delighted to have a reputable company such as Charles Pugh (Glass) Ltd joining the growing list of businesses who have chosen to make Castlewood their home. The site keeps going from strength to strength with interest and deals progressing at a consistent and encouraging pace.”

Graham Bancroft, Director at BB&J Commercial marketed the property at Castlewood Court and commented further,

“The market for warehouse and distribution space continues to go from strength to strength, with high quality new build developments like Unit 11B Castlewood Court being of extremely high demand.  Its accessibility to the transport links and also to the purchasers nearby site made this the perfect property to help with their growth.  I am delighted to have achieved the sale to Charles Pugh (Glass) Ltd on behalf of Clowes Developments.”

Castlewood Business Park sits at the heart of a major centre for manufacturing and logistics located off junction 28 of the M1. It is within half an hour’s drive of all the East Midlands cities and East Midlands Airport, the busiest cargo airport in the UK. Castlewood is served by a large available labour pool that is used to shift work. The business park is home to the 480,000sq ft Co-Op distribution centre and Parker Knoll’s 100,000sq ft manufacture and distribution facility. Also located at the entrance to the class leading development is a range of convenient amenities including Costa Coffee, Spar, Shell and Greggs.

Whilst most of the Castlewood Business Park is now fully occupied, there remains a few vacant plots available on an all-enquiries basis. Interested parties are invited to contact the site wide agents directly. Tim Gilbertson of FHP Property Consultants via tim@fhp.co.uk or Christian Smith of Savills via christian.smith@savills.com.


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