Clowes Developments has reached practical completion on Unit 7 at Stud Brook Business Park, as they hand the keys over to Argon Medical Devices.
Argon Medical Devices are a medical equipment manufacturer, serving a global network of hospitals, clinics and medical facilities in more than 114 countries. The company have made the move to Stud Brook following the success and expansion of their business.
In a deal agreed by Tim Gilbertson of FHP Property Consultants on behalf of Clowes, a new build unit of 20,000 sq ft for Argon was agreed at the entrance to the estate. The unit benefits from two storey office and ancillary space with Argon adding in extra office and laboratory accommodation with welfare facilities to meet their business needs.
There is a large secure yard at the front of the property with 17 car parking spaces including two disabled spaces and four EV charging bays. The signature ‘Clowes’ roof is Polar Voltaic (PV) ready with 10% natural roof lights.
In line with planning conditions, all the units at Stud Brook Business Park have been designed to include an external natural wood effect panelling feature to soften the aesthetic and blend with the neighbouring landscape. This unit has achieved an EPC rating of ‘A’ and a BREEAM rating of ‘excellent’ which surpasses the recommended planning requirements of ‘very good’.
James Holman, Finance & Operations Director at Argon Medical Devices, said: “Ever since we were shown the designs for Stud Brook Business Park, we knew it would be the perfect location. Our expanding international operations mean we will serve over 70 countries across 3 continents from this building.
“As well as its close proximity to East Midlands Airport and great accessibility across the Midlands region, we were especially drawn to this development because of its quality design and environmental sustainability.
“Our customers demand a strong commitment to carbon reduction and energy efficiency; and this building allows Argon Medical to fulfil this for many years to come. We’re excited to get the keys today and start on our fit-out process!”
TanRo were appointed as lead construction contractors to deliver the industrial and distribution units ranging in size from 8,500 to 30,000 sq ft at Stud Brook Business Park. Unit 7 is the first unit to officially be handed over to the client.
Clowes Developments together with TanRo and their wider professional team including IMA Architects, Millward Consulting Engineers, Geldards LLP and Postins Project Services have delivered the unit to Argon on time and according to schedule.
James Richards, Development Director at Clowes Developments UK Limited, said: “Handing over the keys to Argon Medical Devices today was a significant milestone in the development of Stud Brook Business Park. It’s great to see units in their final stages of construction and businesses starting to move into their brand-new premises.
“Having Starbucks and Sainsbury’s open has provided much needed amenity for the area, having these conveniences available for employees and visitors at the business park is such a benefit.
“It’s been a pleasure working with the team at Argon, I’m looking forward to seeing how their fitout programme comes together and seeing them fully operational within the next few months.”
Argon will now start their seven-week fit out programme which will see the shell finessed into a fully functioning warehouse, distribution and office centre for around 30 employees and will be looking to be operational at the earliest opportunity.
Elsewhere on the business park, Unit 2, a 22,000 sq ft stand-alone unit located opposite Argon Medical has also achieved practical completion and is now being marketed to potential leasehold occupiers.
Units 3A, an 8,800 sq ft unit, and 6B, another 22,000 sq ft unit, are also nearing practical completion and will be ready for occupation within the next few months.
Additionally, Plot 1 comprises of five trade counter units ranging in size from 3,200 to 4,600 sq ft, with planning consent obtained. Clowes Developments will be instructing Roe Developments to begin construction from as early as April this year.
Tim Gilbertson, Director at FHP Property Consultants, said: “I am particularly pleased to see Argon take occupation of their new unit at Stud Brook Business Park, being the first occupier on the site and indeed the first deal agreed some time ago.
“To see this land transformed from a grassy field into a prime business park is fabulous and I would echo our client’s comments that Argon have been a pleasure to deal with throughout. I look forward to watching them grow and expand from their new base.”
Richard Sutton, Managing Director at NG Chartered Surveyors, added: “We are delighted to see the continued success at Stud Brook Business Park with only three units available as all others are either let or have deals agreed.”
