High specification industrial units to let at Leicestershire logistics hub
17/06/2019
Tungsten Properties, a Leicestershire-based industrial and warehouse development company, secured planning permission for four high specification units at its Coalville logistics hub earlier this year.
Tungsten Park Bardon is situated in an optimal logistics location in north-west Leicestershire, benefitting from access to 85% of the UK within four-and-a-half hours’ drive. Prominently located on the A511, the Park is 2.5 miles from J22 of the M1, with the M42 and M69 both within 10 miles and East Midlands Airport just 13 miles away. The site is a well-regarded and established centre for warehousing, distribution and manufacturing, with DHL, Amazon, Volvo and Nestlé among its occupiers.
The area also benefits from an extensive labour pool, with its 7.2% transport and storage employment significantly higher than the national average of 4.7%. Alongside the site’s excellent location, this provides vital support for the operational requirements of the logistics sector.
Tungsten Park Bardon comprises 189,220 sq. ft. in four industrial and logistical units ranging from 21,250 sq. ft. to 92,000 sq. ft. with an eaves height of 8-12.5m.
Ian Dunckley, Development Director at Tungsten Properties, said: “We are delighted with this significant planning success on what was an unallocated site. The area continues to see an imbalance between supply and demand for mid-box industrial units. Tungsten Park Bardon is in an established, core distribution location supported by excellent power and labour provision in the heart of the Golden Triangle.
“We are looking forward to continuing to build a successful working relationship with our joint agents, Alex Reid of Mather Jamie and Adam McGuinness of MWRE, as together we speak with potential occupiers.”
Alex Reid, Director at Mather Jamie, said: “Each of the four available units represents a fantastic opportunity for potential occupiers on the lookout for a spacious and impressively connected base. Tungsten Park is an ideally located site for industrial and logistics uses, with its current occupiers testament to the Park’s advantages.”
For further details of similar commercial property opportunities across the East Midlands, please contact Alex Reid on 01509 233433 or refer to the Mather Jamie website: https://www.matherjamie.co.uk/.