Developer reveals new 100,000 sq ft letting at Nottingham business park
The developer of Fairham Business Park has kicked off 2025 in full swing, with new developments on the horizon.
Developed by Clowes Developments, the park has already attracted businesses such as Vision Express (Essilor Luxottica) and SLS Medical.
The park sits just outside of Nottingham and covers 606 acres and offers 1m sq ft of commercial space, with more than half of it already built.
A new addition is the 100,000 sq ft facility for ABB, which is nearing completion.
James Richards, development director at Fairham Business Park and Clowes Developments, said: “The property sector has undoubtedly seen a downturn in momentum in recent months, but interest in Fairham Business Park continues to go from strength to strength. This is by no means something we take for granted, we work tirelessly with our agents and professional teams to make commercially sound decisions where our developments are concerned. We are confident that Fairham Business Park will continue to benefit from our tried and tested strategy.”
Tim Gilbertson, FHP Property Consultants said: “What a pleasure it is to see Fairham Business Park continue to blossom as Clowes Developments invest more and more into the park and see such good returns with more and more deals happening
as a result.
“It is the prime location in the East Midlands where the fabulous location outside Nottingham’s Workplace Parking Levy, augmented by terrific onsite facilities which will only improve in the coming weeks and months still further, making it the place to be for any business wanting the best that Nottingham and the wider East Midlands can offer.”
FHP says it has also secured a new tenant for a 100,000 sq ft unit owned by global real estate company, Hines.
Hines bought three units at Fairham Business Park, totalling 250,000 sq ft, from Clowes Developments in 2023 as part of a larger deal.
In total, Hines acquired eight units across three East Midlands sites in a deal worth over £100m.
With this new lease, two of the three Fairham units will now be occupied, with the FHP confirming details about the tenant will be announced soon.
Extensive groundwork has already been completed for phase two of the development.
The next stage will introduce a range of new facilities, including manufacturing and distribution spaces, as well as offices, a hotel, leisure facilities, and retail outlets such as roadside shops and trade counters.
Charles Warrack, Fisher German said: “The undoubted success of the park has enabled the unique offering of the Phase 2 plot where occupiers including offices, gym, hotels and education, and health uses can be accommodated in state-of-the-art high specification design and build bespoke buildings.”
