Market Leads & Opportunities

Developer set to kick-off 223,000 sq ft industrial site

Source: http://www.thebusinessdesk.com

Mattioli Woods and developer Rotherhill are set to develop out a 14-acre industrial site on the outskirts of Leicester.The 14-acre industrial site, Rothley Lodge Commercial Park, near Loughborough, has been bought from Samworth Brothers, with funding provided by a syndicate of Mattioli Woods investors in a deal that completed on the 14th July. The site will be developed by Rotherhill Developments.With scope for a range of design and build industrial buildings totalling in the region of 223,000 sq ft, planning for three buildings on the new Rothley Lodge site is expected by the end of 2017, with consent for B1, B2 and B8 manufacturing and light industrial buildings.The premises will be available on a leasehold or freehold, design and build basis, creating a rare opportunity for potential occupiers in the current commercial and industrial property market climate, where bespoke space in the sub 150,000 sq ft category is in short supply.