Developers of Ivanhoe Business Park at Ashby-de-la-Zouch, Clowes Developments (UK) Ltd, plus agents Phil Randle of Salloway and Tim Gilbertson of FHP are pleased to confirm that the next occupier on their trade counter terrace will be Eden Tyres & Servicing.
Hot on the heels of Toolstation, Screwfix and Agadon, this latest deal with Eden Tyres highlights that the speculative construction of seven trade counter units at Ivanhoe Business Park really was an inspired move with demand far exceeding supply.
Development Director of Clowes Developments (UK) Ltd, James Richards, commented:
"Since its inception Ivanhoe has been a terrific site for us and has seen a range of deals concluded with both manufacturing and distribution occupiers together with office companies and ancillary uses such as vets and children's day nursery.
The ongoing success of the park gave us the confidence to speculatively construct these trade counter units in 2016 and our decision to build seven units has been completely vindicated by the deals our agents have brought; an eclectic mix of both local and national occupiers. With the most recent being Eden Tyres & Servicing, a family run business that has turned into a phenomenal success.
The three remaining units are under offer and completion of those deals will occur within the next few weeks and we look forward to confirming details of the other occupiers on site shortly.
Our attention has now turned to the speculative construction of various offices on the remaining land within the park and these are due for practical completion later in 2017 and interest is sought from potential occupiers looking to purchase or rent space."
Matthew Eden, Managing Director at Eden Tyres Sales Limited commented:
"This is a very exciting and strategic move to the Ivanhoe Business Park for Eden Tyres & Servicing. Our first branch was set up by my Father in 1981 on Upperdale Road in Derby and I am extremely proud to be the second generation of Eden's to run and maintain it as a family run business. Following our latest move to Ivanhoe we shall now have 13 retail branches across the East Midlands with number 14 being announced soon, along with a dedicated wholesale site delivering tyres to the trade across much of the UK.
Eden Tyres & Servicing prides itself on innovation and keeping up with the latest technology and this move to Ivanhoe, the new business hub of Ashby reinforces our commitment to be the best we possibly can, operating from such a premium location and business park."
Phil Randle, Partner of Salloway added:
"Ivanhoe Business Park continues to be an outstanding success. The immediate demand that we have had for these speculative trade counter units reinforces that the Business Park really is the place to be. A winning combination of premium accommodation set in the ideal location with excellent transport links to the whole of the East Midlands it became the perfect fit for Eden Tyres' strategic growth.
With the remaining industrial development land about to go under offer, our attention focuses on the speculative office development, the final gem to this crown. We anticipate that these office units will not be on the market for very long given the attention they are already attracting in advance of the brochures going onto the market, a wonderful position to be in."
Marketing details of remaining opportunities at Ivanhoe Business Park are available here.