Business park gets green light for further development

Clowes Developments has been granted planning consent to speculatively build out plot 5 at Castlewood Gateway on Castlewood Business Park.

Ashfield District Council have given the green light for a 17,308sq ft single story industrial warehouse unit with two storey offices.

The speculatively built unit will be located at the entrance of the business park which has already seen 1.5m sq ft of industrial space built and occupied.

Castlewood 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.

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.

Christian Smith, director in the Savills industrial team, said: “Savills are pleased to be involved in the next phase of development on Castlewood Business Park on plot 5, a high-profile site sitting at the front of the Park. Following on from the success of Castlewood Court, we are sure there will be great demand for a new detached, high quality unit at the front of the Business Park, given the lack of stock around J28 M1, we expect strong interest from local occupiers looking for a high quality, modern warehouse/industrial unit on a managed business park.”