Morgan Industrial Properties Limited (MIP) have acquired the former Ewart Chain site in Shaftesbury Street, Derby with plans to undertake a significant redevelopment of the five-acre employment site, creating new industrial units and jobs for the city.
MIP are a property development company based in Alfreton Road, Derby specialising in the development of commercial property in the industrial and office sectors. They have developed numerous strategic sites in Derbyshire including the Northedge Business Park in Alfreton Road and Outrams Wharf Business Park in Little Eaton.
The former Ewart Chain site comprises some five-acres of employment land accessed off Shaftesbury Street, an established location close to the Sir Francis Ley industrial estate. The site is situated just off the arterial Osmaston Road (A515) with a quick connection to the outer ring road (A5111). The site also has the benefit of connection to the railway.
The site will provide some 90,000 sq ft of new-build industrial floor space to the market available on a leasehold basis. A single unit of 90,000 sq ft with a railway connection can be provided; or smaller units will be available starting at 2,500 sq ft. Each unit will have the benefit of car parking, overhead tracked loading door access and three-phase electricity.
David Powell, commercial property manager at MIP, says: “We are delighted to have acquired another strategic employment site in Derby in an established industrial location. The site will create a significant number of jobs and provide more high-quality industrial units to the market for local and national businesses.”
David Brown, director at David Brown Commercial, says: “The site could provide a range of different sized units for business, industrial and storage users.
“The quality of MIP’s units is consistently high and I anticipate strong levels of interest from businesses wanting to upgrade, grow or relocate. I am delighted that this redevelopment means that the former Ewart Chain site will continue to provide employment opportunities for the city of Derby.”
