Glass distributor snaps up 32,000 sq ft speculatively-built warehouse hub
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Clowes Developments have sold Unit 11B at Castlewood Court located off junction 28 of the M1 to distributor Charles Pugh (Glass).
The speculatively built 31,968 sq ft warehouse and distribution unit has sold for an undisclosed sum.
Charles Pugh (Glass) has six other distribution centres across the UK including its head office based in Pinxton, Enfield, Wednesbury, Leeds, Leicester, and Manchester.
Ed Pugh of Charles Pugh (Glass) said: “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) 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. He said: “I am delighted to have achieved the sale to Charles Pugh (Glass) Ltd on behalf of Clowes Developments.”
“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.”