Europark set for expansion following approval of planning permission at the end of May.
Outline planning permission was granted at the end of May for two industrial units with ancillary offices and storage of 27,000 sq. ft. and 36,000 sq. ft. on land fronting the A5, just to the north east of Clifton upon Dunsmore. The units will complement the existing property offer on the estate and will be adjacent to the proposed gin distillery to be built by Alcohols Ltd.
Richard Utley Ltd, the landlords of the Europark Industrial Estate believe that there is a shortage of employment land to cater for small and medium sized businesses in Rugby looking to occupy buildings in the 20,000 – 50,000 sq ft size bracket.
Christopher Utley of Europark said “Rugby and the surrounding locality is well catered for in terms of large scale distribution units with the Rugby Gateway scheme at junction 1 M6, Magna Park at Lutterworth and the DIRFT scheme at junction 18 of the M1. However, there are no new schemes catering for small to medium sized businesses in the Rugby area which is something we wish to address. We will be offering the units on either Design and Build freehold basis to cater for occupiers who want to buy their own building or alternatively a pre-let leasehold basis”.
Assisted by their joint letting agents Andrew Cosnett of BNP Paribas Real Estate UK and Jake Heaton of George & Company; Richard Utley Ltd has in 2015 also completed lettings to Elecomm Ltd, Fortron International Ltd, Utility Valves SG Ltd and Nolan Transport.
The landlords are also looking into an additional 50,000 sq ft unit on the main Europark estate.
For further information please contact:
Richard Utley Ltd
Christopher Utley – 01788 860724