Clowes Developments have sold the prominent facility on Plot 5, Castlewood Gateway, at Castlewood Business Park to ConSpare Ltd and sister company ProSpare Ltd, for an undisclosed sum.
Ashfield District Council gave the green light for a 19,438 sq ft single story industrial warehouse unit with two storey offices earlier this year which allowed Clowes Developments to press on with the construction of the prominent standalone facility at the entrance of Castlewood Business Park which has already seen 1,500,000 sq ft of industrial space built and occupied.
ConSpare was established in 1978 and is a supplier of spare parts and process improvement solutions to the UK concrete producing industry. ProSpare was founded in 2007 and serves a wide array of companies handling and processing powders or bulk raw materials, with clients in sectors such as quarrying, recycling, glass and food manufacturing.
The owners have invested in and developed their previous site many times over the last 40 years, but Castlewood provides the opportunity to take a significant step forward. 40 employees will be moving to the new facility which allows for expansion in staff numbers in the future. Both businesses are stocking distributors, the additional warehouse space, which is 400% bigger than their previous premises in Pinxton, will allow the businesses to improve the efficiency of warehousing operations and further modernise the way they work.
James Bullock, Managing Director, ConSpare and ProSpare, commented on the move to Castlewood Business Park: “The location is ideal, and the chance to plan the building ‘from the ground up’ will allow us to implement many improvements to the businesses going forward. The building also provides a great environment for our employees to work within and to hold meetings with our customers. Castlewood reinforces our drive to ‘Make it better’.
“The move to Castlewood will form the cornerstone of our relentless drive to improve our process improvement and spare parts support services. It will provide the perfect platform to continue to grow both businesses and futureproof our operations for the next 40 years. We anticipate moving into the building in Spring 2022.”
Roe Developments were awarded the construction contract for the delivery of the facility.
