80% of phase one is now sold at Leicestershire business park
Phase one of Beauchamp Business Park, a new commercial development in Kibworth, Leicestershire, has seen over 80% of its units sold or under offer within just two months of becoming available for inquiries.
Clowes Developments and its team including IMA Architects, TanRo, Millward Consulting Engineers, Gateley’s Legal and Postins Project Services is advancing Beauchamp Business Park. Philips Sutton and TDBRE are serving as agents on the scheme.
Construction is underway at the site with phase one completion expected in April 2024.
Phase two is currently being marketed on a leasehold and freehold basis. When complete, the site will feature a series of freehold and leasehold industrial units ranging from 1,270 sq ft to 10,085 sq ft.
These partnerships will benefit the local economy and boost job creation in the local area.
In October, Units A and B were purchased by a Leicester-based family of investors, and now terms have been agreed on the majority of remaining units.
Mike Denby, director of Inward Investment at Invest in Leicester, said: “Leicester and Leicestershire present an exceptional location for businesses seeking expansion, as evidenced by the popularity and quality of businesses at Beauchamp Business Park. By collaborating with companies like Clowes Developments and its partners, we can provide the infrastructure that supports ambitious businesses, fuelling growth within our region.”
Paul Turner, construction director at Clowes Developments, said: “The level of demand we have seen for the site has been phenomenal which shows the strength of the real estate market in Leicestershire currently. We are proud to be delivering another scheme that will benefit the East Midlands economy and boost job creation in the local area.