Leicester business park completed by Midlands developer

Rotherhill developments has finalised the construction of Rothley Lodge Commercial Park in Leicestershire, with the site now fully occupied.

Tenants include pharmacy group Day Lewis, BPX Electromechanical Co. Ltd and Selective Marketplace Ltd.

The commercial park is located in Loughborough, on the outskirts of Leicester.

The site consists of four industrial buildings totalling 223,000 sq ft, with individual buildings sizes ranging from 35,000 to 128,000 sq ft.

The property options were available on leasehold or freehold, with design and build options.

The 14-acre industrial site was purchased from Samworth Brothers in July 2017, with financial support from investors associated with Mattioli Woods.

Paul Bagshaw managing director of Rotherhill developments said: “We are delighted to have completed on the Rothley Lodge industrial scheme and to have welcomed three growing businesses as occupiers. Rothley Lodge provided a unique and rare opportunity for occupiers to design and build to meet their needs and requirements. In the current market, there are few opportunities for local owner occupiers to purchase on a freehold basis, and most recently built units fail to cater for businesses seeking smaller industrial accommodation. Having recognised the lack of supply of high-quality, bespoke industrial space in the sub 150,000 sq ft region, we set out to develop a site capable of accommodating a range of growing businesses.

“Situated on Leicester’s gateway, with strong surrounding road links and infrastructure, Rothley Lodge is in a prime commercial location,” Paul adds, “and we look forward to continuing to support our occupiers in facilitating the next phase of their expansion plans that are set to fuel the creation of new local jobs.”