A Leicestershire business park owned by independent property company Hortons’ Estate Limited is fully let after an existing tenant’s expansion secured the final available industrial/warehouse unit on the site.
Engineering and technology firm, RBC Group has signed a 10-year lease with landlord, Hortons’ Estate Ltd on 51,000 sq ft of additional space at Old Dalby Business Park, near Melton Mowbray.
The deal extends RBC Group’s commitment at the business park to almost 200,000 sq ft of industrial accommodation, which includes its current headquarters at Unit 3, one of Europe’s largest remanufacturing facilities.
The firm operates five additional depots at strategic locations across the UK, supporting its delivery of automated retail, manufacturing, technology, asset management, payment solutions and integrated logistics.
Old Dalby Business Park is a 39-acre industrial complex located between Leicester, Nottingham and Loughborough, approximately 1.2 miles from the A606.
The site offers a range of warehousing and manufacturing accommodation from 2,000 sq ft to 135,000 sq ft, and is home to established occupiers including Toyota Material Handling UK Limited, Funbikes and East Midlands Pharmaceutical.
Jeremy Boothroyd of Hortons’ said: “We are very pleased that RBC Group has chosen to commit to Old Dalby as the location for the continued expansion of its industry leading services.
“Like many of our occupiers on the business park, we have developed a positive working relationship with the team at RBC Group and look forward to supporting their growth and development in the years ahead as the business continues to evolve and expand.
“Old Dalby is a popular and established industrial location and now the existing accommodation is fully let, we are exploring further development opportunities on the site.”
Colin Lowe of RBC Group said: “We are delighted to have acquired additional space at Old Dalby Business Park. Old Dalby has been our home for many years, and as we execute our plans to grow the business and invest for the future, our signing of a long-term lease demonstrates our continued commitment to the local community and UK innovation.
“Moreover, as RBC Group expands, we will be creating jobs in cutting-edge fields from manufacturing to artificial intelligence, developing the future of automated retail and, in all our work, building toward a greener and more equitable future.”
