James Richards, development director at Clowes Developments (UK) Ltd, has appointed Fisher German as joint agents with FHP Property Consultants at Nottingham’s new commercial development, Fairham Business Park. This partnership will market design and build opportunities ranging from approximately 44,000 sq ft to 120,000 sq ft on a leasehold or freehold basis. Fairham Business Park, situated in the flagship new neighborhood just minutes from Nottingham’s center, offers one million square feet of purpose-built commercial space.
Furthermore, Hines, an international property investment and asset management company, has recently acquired three stand-alone industrial/distribution units with warehouse and ancillary office space totaling 260,000 sq ft. In addition, Clowes and their lead construction contractor, TanRo, have achieved practical completion on a custom-built 56,000 sq ft facility for Scientific Laboratory Supplies, one of their clients.
Despite these substantial investments, there are still “design and build” opportunities available, ranging from 44,000 to 120,000 sq ft units, through all enquiries.
Fisher German partner, Rob Champion, expressed his delight at being appointed as a joint agent for this high-profile business park. He emphasized that Fairham Business Park’s strategic location and nationally significant status make it an ideal development for global, national, and local businesses. Champion highlighted the park’s excellent access to public transportation, road links, and its integration into the sustainable mixed-use Fairham community.
Tim Gilbertson, director at FHP Property Consultants, added that the successful sale of four buildings on Fairham has marked a strong start for the development, with over 300,000 sq ft already built. He mentioned the advantages of the site, which offers excellent transport links, accessibility, and exemption from the City Council’s Workplace Parking Levy for Nottingham-based companies. Gilbertson also emphasized the flexibility provided by offering buildings for both purchase and rent, accommodating distribution, industrial, and office uses. He revealed ongoing discussions with potential occupiers interested in the design and build route, promising further positive news in the near future.