Denby Hall, Denby, Derbyshire
Denby Hall Business Park was a multi-phased industrial development scheme located in Denby, Derbyshire.
The land was speculative purchased in a joint venture between Sladen Estates and Peveril Securities who then promoted the development through the planning process.
Phase 1 saw the speculative construction of P242, a 242,000 sq. ft. industrial building that was pre-sold to GE Real Estate. Constructed to a high specification the building benefited from state of the art offices, a range of energy efficient measures such as rain water harvesting and solar panels and an extensive yard. The building was completed in 2008 and was subsequently let to Technocargo.
Phase 2 was the pre-let of a 15,000 sq. ft. unit to local company Derwent Packaging who required the facility for their continued expansion. Sladen Estates provided a full turn key solution for Derwent Packaging incorporating their fit out requirements into the main build so that the unit was ready to operate from on the day of handover rather than having an additional fitting out time after practical completion had occurred.
As part of phase 2, a further 15,000 sq. ft. was developed speculatively alongside the initial pre-let to Derwent. Due to Derwent’s continued success they required further expansion space so a long term lease was agreed on the additional 15,000 sq. ft. to take their total commitment on site to 30,000 sq. ft.
In phase 3, another local company, Tubesheet, were looking for new space to enable their expansion. A freehold deal was agreed on a standalone 22,000 sq. ft. advanced manufacturing unit that enabled them to move to modern premises befitting of the services they offered to their clients. A full turnkey solution was offered which included a full fit-out package to the offices, and warehouse including all of their machinery that needed to be moved from their existing facility to reduce their down time to a minimum.
The final phase saw the balance of the remaining land sold free of developer tie to two existing local occupiers who required space for their future expansion.