Practical completion has been achieved on Phase Two of Beauchamp Business Park, a new commercial development in Kibworth, Leicestershire.
The development has been delivered by Clowes Developments and its team including IMA Architects, TanRo, Millward Consulting Engineers, Gateley Legal and Postins Project Services. Phillips Sutton and TDB Real Estate have been the agents marketing the scheme.
Beauchamp Business Park is situated on a 15-acre site located on the outskirts of Kibworth between Leicester and Market Harborough on the A6. The site features a series of freehold and leasehold industrial units ranging from 1,270 sq ft to 16,272 sq ft.
Phase One, which completed back in July, saw over 80% sold before completion. This boosted Clowes’ decision to begin Phase Two.
Kevin Webster, Associate Director at Clowes Developments, said: “We are delighted to have achieved Practical Completion on Phase Two at Beauchamp Business Park.
“Phase One has proven to be a great success with occupiers and investors and with deals already agreed for several of the units in Phase Two we are certain that popularity will continue. I now look forward to seeing it fully operational and a thriving business park over the coming months.”
Clowes Developments retained agents TDB Real Estate and Phillips Sutton for Phase Two of the scheme.
Sam Sutton, Director at Phillips Sutton, said: “We are thrilled with the success of Phase One at Beauchamp Business Park, with 100% take up. As we move into Phase Two, we are excited to see continued interest, with several units already under offer.
“This growth not only highlights the strategic importance of our location, but the demand for good quality freehold units in Leicestershire.”
Jack Brown, Associate Director at TDB Real Estate, added: “It is fantastic news that we have now reached Practical Completion of Phase Two of Beauchamp Business Park.
“With Phase One being so popular with both local businesses and investors we anticipate Phase Two will continue this trend. The Units all look fantastic, and present really well in a market which has a shortage of good quality stock.”
Phase Two has seen the creation of two additional terraces and a semi-detached unit to be used for B1 and B2 use class, ranging in sizes from 2,271 sq ft to 16,272 sq ft.