Browsing: Property

Outline planning permission has been granted for a new Truck Stop facility on the busy A50 dual carriageway [M1-M6 Stoke-Derby link road] at Foston in Derbyshire, opposite Dove Valley Park.

Receivers Clive Conyers and Peter Chapman have appointed Jones Lang LaSalle as joint agents along with M3 and Lambert Smith Hampton on M1stral 260, a new 260,000 sq ft industrial and distribution building in Hemel Hempstead.

According to Savills’ latest Euopean Logistics survey rents have declined six per cent in prime properties and seven per cent in secondary warehouses year on year.

US Nutrition, a manufacturer of sports nutrition brands and diet products, has taken a 67,000 sq ft warehouse at St Modwen’s Stretton Business Park near Burton on Trent on a 15-year lease at £5.40 per sq ft.

Bicycle and car parts retailer Halfords is negotiating a new 320,000 sq ft distribution centre in Coventry which could provide around 200 jobs.

After six months of silence from the 3PL corner, the property market is starting to see a faint but encoiraging flutter of interest around the M1/A1 corridors. Jessica Davies reports.