SOUTH NORMANTON, DERBYSHIRE
Speculative development, tenanted then sold on Practical Completion
In a joint venture with award winning Richardson Capital, a 170,000sq.ft industrial investment was acquired, located less than 1mile from Junction 28 of the M1 motorway in South Normanton. Each tenant was relocated following which the existing buildings were fully demolished to make way for the much acclaimed, Nickel 28 warehouse & distribution premises.
This speculative development was selectively tendered, with Winvic Construction Limited being awarded the contract. A significant earth moving and retaining design was needed to maximise the 14 acre site, on which a state of the art warehouse & distribution building of 268,200sq.ft was constructed.
Prior to completion, terms were agreed with IForce Limited, with the lease entered into and the sale to The National Farmers Union Mutual Insurance Society Limited completing immediately upon Practical Completion.
Lower Don Valley, Sheffield
Securing a European grant enabled a constrained industrial site to be developed.
A heavily constrained 15 acre site suffering from underground structures and high levels of contamination was only able to be brought forward for viable development by securing match funding from the European Regional Development Fund.
One match funding was in place, and using a construction cost rental matrix, a development of open-plan office, workshop and storage facilities across a seven acre site were delivered for a world leader in modular space and storage solutions.
In addition, the fully remediated site now contains a high bay 50,000sq.ft. distribution unit together with a fully serviced D&B opportunity.
Trafford Park, Manchester
The creation of a bespoke regional HQ in an off-market transaction.
In an off-market deal, a bespoke regional HQ facility on a 9acre was created for a German manufacturer of commercial vehicles. The site was previously owned and occupied by a manufacturing Plc and redevelopment could only take place once the 250,000sq ft facility had been demolished and fully remediated of all contamination.
The deal was agreed during numerous meetings in both Manchester and Germany, and upon completion, was awarded “Deal of the Year” by North West Business Insider.