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News Release

Nottingham

Developer secures 100,000 sq ft pre-let

At Markham Vale Business Park, Chesterfield


Nottingham, 2nd February, 2012 – A 100,000 sq ft pre-let has been secured on Henry Boot Development’s Markham Vale Business Park in Chesterfield, Derbyshire to Leeds based national car components distributor, Andrew Page Limited.

The Nottingham and Leeds offices of Jones Lang LaSalle advised Henry Boot Developments on the 15 year lease which will see Andrew Page locate a new distribution facility and offices, bringing over 120 jobs to the area. The rent agreed equates to £4.43psf, including an element of the tenants fit.

Construction will commence February 15th with completion in July.

Matthew Smith from the Nottingham offices of Jones Lang LaSalle, said “This deal highlights the appetite for pre-lets in the market, which we believe will be a growth area during 2012.  Henry Boot can deliver competitively priced buildings in tight timescales, the programme for this project is only 20 weeks.”

Leeds based Andrew Page Limited has 62 branches, employing 1,600 people and is one of the UK’s largest distributors of car components, workshop equipment and tools.

Mark Roberts, managing director of Andrew Page said: “Markham Vale has excellent communication links, immediate access to the M1 motorway and is the ideal location for a national distribution facility.”

Ben Ward, Senior Development Surveyor at Henry Boot Developments Ltd comments: “We are delighted to welcome Andrew Page to Markham Vale. This will be the biggest facility to date to be constructed at Markham and we are pleased to see that our scheme is quickly establishing itself as the regions premier business location. “

Markham Vale is a 200 acre business park located directly adjacent to junction 29A of the M1 Motorway.  It is being developed by Sheffield based Henry Boot Developments in partnership with Derbyshire County Council and is targeted at attracting a range of new sustainable employment opportunities to the area.