Saturday, June 29, 2024

100,000 sq ft unit achieves practical completion at Fairham Business Park

Fairham Business Park’s developers are celebrating another practical completion as Unit A is handed over to the occupier.

Works begun at Plot A4, Fairham Business Park in October 2023. Nine months later the 100,000 sq ft unit has been built by lead contractor, TanRo and handed over to the occupier.

The unit is located next to the stand-alone units totalling 260,000 sq ft purchased by international property investment and asset management company Hines and a 100,600 sq ft bespoke building for a local company who will be moving into their premises next year.

The brand-new purpose-built premises comprises of a 95,379 sq ft warehouse with 12,292 sq ft office and welfare space over three storeys, situated at the front of the building.

There are 84 car parking spaces at the front of property with ten electric vehicle (EV) charging bays. There will also be a large service yard to the rear with ten dock levellers and four level access to meet the needs of the occupier. Clowes Developments will be providing a fully photovoltaic (PV) ready frame.

James Richards, director at Clowes Developments, said: “Nine months after works began on site and we’re now handing over to our client, who will be formally identified in the next few weeks. It’s testament to our professional delivery team who can perform to such a high standard and according to a tight schedule. It is fantastic to see the ongoing development of Fairham Business Park, as one completes, another ramps up on plot A2.”

As the occupiers of A2 sign the deal for a bespoke 100,600 sq ft unit, ground works have already been concluded and steel frames are due to be erected in the coming weeks. In total, this will mean over 600,000 sq ft of industrial, warehouse, distribution and manufacturing space has been snapped up at Fairham Business Park, with further announcements expected in due course.

Tim Gilbertson, director at FHP Property Consultants, added: “High demand for commercial units at Fairham says something about the transport links of Fairham Business Park and it’s positioning outside of Nottingham’s workplace parking levy. We are excited to market phase two of the business park, where potential occupiers can make use of more varied commercial opportunities such as office, trade counter or retail schemes.”

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