Priority Space

Phase 2 Markham Vale

July 5, 2018

Developers Priority Space and HG Holdings have acquired a further plot at the Markham Vale regeneration site in Chesterfield, with plans to develop a further 15,000 sq ft of industrial space.

 

Planning permission has been granted and work is set to start on site in August 2018. The building will be available for occupation from the start of 2019.

 

This latest single and self-contained unit follows the development of phase 1, featuring a 26,000 sq ft multi-unit scheme, known as Wilson Business Park. Five units have so far been sold with a further two presently under offer, secured by consultancy Commercial Property Partners LLP (CPP).

 

Occupiers on the estate include Direct Track Solutions, Catering Projects, Magpie Beauty, and Shotblast Solutions. Another unit has been purchased by a private investor who is in advanced negotiations with an unnamed business.

 

Stuart Waite, partner at sole agents Commercial Property Partners (CPP), said: "We are delighted to be able to offer this latest building to the market, there is very little stock of a similar size and specification in the region. We believe there is latent demand, and are expecting strong levels of interest.

 

"The building will provide high quality, self-contained warehousing space with office content and would be the perfect HQ premises for any business looking for accommodation in this part of the region, with fantastic links to J29a of the M1."

 

Lee Buchanan, at Priority Space, added: "We have invested heavily in the business park with the initial delivery of Phase 1. With sales progressing nicely, we have made the decision along with our development partners at H.G. Holdings to build out a 15,000 sq ft detached unit to cater for a larger operator requiring self-contained facilities."

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