FHP fills up on deal with Kay Group at Castlewood

CWC Group, owner and developer of the 120-acre Castlewood Business Park, has completed a deal with The Kay Group (UK) to open a petrol filling station with additional Costa Coffee and Greggs outlets.

CWC has around 50 acres of land to still be developed at Castlewood Business Park, which is next to Junction 28 of the M1 Motorway at its intersection with the A38.

The deal was agreed by Tim Gilbertson of FHP Property Consultants, CWC’s agent for the site. He said: “With numerous existing petrol filling station outlets around the country, The Kay Group are an ideal partner for us to have at Castlewood Business Park and we know that their venture here will trade exceptionally well.

“Whilst they can take advantage not only of the on-site labour with approximately 2,000 staff already working from Castlewood, they can also take advantage of this fantastic trading position adjoining the A38 close to its intersection with Junction 28 of the M1 Motorway.

“To have a petrol filling station, plus food and drink outlets on-site is a real boon for the business park and we are sure that The Kay Group will trade exceptionally well from this location.

“This development is hopefully yet another reason for local businesses to expand onto Castlewood Business Park and we look forward to unveiling details of further deals on the site in the near future.

“With the ability to house bespoke freehold or leasehold premises for industrial or distribution use from as little as 15,000 sq ft up to 175,000 sq ft interest continues in this great location which has now seen over 1.25 million sq ft built out already.”

Ken Kay, chief executive and Paul Blackmore of The Kay Group said: “We are delighted to be working with CWC to have the opportunity to further expand our new to industry investment rolling programme to this prestigious and strategic location.

“With our unique standards of development, facilities and most importantly, outstanding levels customer service along with the benefit of bringing our branded retail partners with us, will give great credit to CWC’s vision for the business park.”

Director for CWC Group, owners and developers of Castlewood Business Park, James Richards, said: “We are so happy to welcome The Kay Group to Castlewood as we see the facility that they will open here being of benefit to the rest of the business park, hopefully encouraging further occupiers by the amenity that will be provided.

“The Kay Group have been a pleasure to deal with throughout and we look forward to seeing them fully open by early 2018.”