Units A and B at Beauchamp Business Park, a new commercial development in Kibworth, Leicestershire, have now been sold. Purchased by a Leicester-based family of investors, the deal demonstrates the strength of demand from local businesses for sites at the scheme.
Beauchamp Business Park is being brought forward by Clowes Developments and its team including IMA Architects, TanRo, Millward Consulting Engineers, Gateley’s Legal and Postins Project Services. Philips Sutton and TDBRE have been instructed as agents on the scheme.
The first to be sold, Units A and B are both prominent, road facing buildings comprising a total of 25,169 sq ft. Along with Units C and F, they are being constructed by lead contractor TanRo, along with IMA Architects who are providing all architectural services and acting as Principal Designer on the scheme.
Construction is underway at the site with the steel frames currently being put into place. Phase One completion is expected in April 2024 with Phase Two coming at a later date. When complete, the site will feature a series of freehold and leasehold industrial units ranging from 1,270 sq ft to 10,085 sq ft.
Paul Turner, construction director at Clowes Developments, says: “We are proud to be delivering another scheme that will benefit the East Midlands economy and boost job creation in the local area.
“We have seen strong demand for the buildings at Beauchamp Business Park, with the majority of enquiries coming from local businesses and investors, as demonstrated by the sale of Units A and B.”
Agents Phillips Sutton and TDBRE have been working closely with interested parties during the planning process which has seen Beauchamp Business Park receive unprecedented interest from day one.