Developer snaps up 80,000 sq ft office and industrial scheme

MCR Property Group has bought Daleside House, a Nottinghamshire industrial and office development.

The 3.36 acre site in the former mining village of Calverton is made up of individual offices, as well as self-contained units and self-storage units comprising industrial, office, self storage units and a 50-space car park.

The 79,000 sq ft premises will undergo a programme of refurbishment and upgrade, with several of the units earmarked for refurbishment and future letting.

Martin Brown, Fund Manager at MCR Property Group, said: “Industrial developments such as this are hugely important for the local economy. There’s a severe shortage of quality industrial property, particularly in the Nottinghamshire region, and we plan to work with current and future tenants on a comprehensive refurbishment of the property assets, ensuring that ESG standards are met, providing practical and quality business accommodation.

“For the MCR Group, the industrial sector is becoming increasingly pivotal to the company’s growth strategy and ensuring that we own and operate sites and properties that cater for a local demand and need in this area of the market is a key driver for the business.”