German firm moves into Teal Trade Park

German firm Karcher has taken the last unit at Phase 1 of Northwood Urban Logistics’ Teal Trade Park in Netherfield, Nottingham.

The company has let a 8,429 sq ft premises and joins Screwfix, Howdens, Toolstation, Paintwell, Trent Valley Windows & Trent Vehicle Charging on the business park.

Iain Taylor of Northwood Urban Logistics said: “We are very excited to have made our recent acquisition of Teal Park at a time when there is chronic lack of supply in the area. Teal Park is able to cater to a wide range of occupiers who will be able to adapt the units for a variety of uses.’’

Mark Tomlinson of FHP Property Consultants added: “We are delighted to have secured Karcher for the last two units on phase 1. They are a complimentary trade user to an already excellent line up of occupiers on the estate. We now turn our attention to phase 2 and would suggest there is a real opportunity on the estate for Electrical trade users, Tile Trade users and Automotive trade users to fill a gap in the development. We look forward to speaking with more occupiers and progressing the Trade Park with clients Northwood and joint agent Phillips Sutton”.

Brodie Faint of Phillips Sutton said: “It is another good news story for Teal Park to have attracted such a high quality occupier as Karcher to the scheme to further complement the existing line up of trade users. With good interest in the second phase we don’t expect the remaining units to remain available for long and would urge occupiers to come forward early to register their interest ahead of the units completion in April.”