The UK’s largest trade kitchen supplier, Howdens Joinery, has signed a 15-year lease on an 8,800 sq ft warehouse at Trent Gateway in Beeston, Nottingham, as part of its continued expansion plans.
Trent Gateway is a new industrial and warehousing scheme, delivered by a joint venture (JV) between Chancerygate and international real estate firm Hines. The 156,812 sq ft development offers 17 other units ranging between 2,644 sq ft and 36,339 sq ft which are available on a freehold or leasehold basis.
Founded in 1995, Howdens Joinery provides kitchen and joinery products to the building trade with its new premises set to add to its network of over 730 depots across the country.
Since being leased by Howdens Joinery, the 8,800 sq ft warehousing unit has been sold by the JV to a private investor.
Located within Beeston Business Park on the former Siemens Communications site, Trent Gateway is situated approximately three miles south west of Nottingham city centre with excellent links to the M1 leading to close towns and cities including Loughborough, Leicester and Derby.
The 156,812 sq ft industrial development is now almost 50 per cent occupied with tenants including Midlands-based Eden Tyres and gym equipment companies Indoor Sport Services and Again Faster.
The JV has also sold three units to private investors and an additional three units are currently under offer.
Commenting on the recent deal, Chancerygate development director, Mark Garrity, said: “We’re very pleased to be welcoming Howdens Joinery to Trent Gateway. The level of interest throughout the development’s build has been considerably high, and now construction is complete interest in the remaining units is continuing to grow.
“Beeston Business Park is a sought-after location for both local and national businesses and it is a testament to the growing demand for high-quality and well-located industrial and warehouse space that such an established national brand has chosen the site as part of its expansion.”
Innes England and FHP are joint sales agents for Trent Gateway. Property consultancy Montagu Evans acted on behalf Howdens Joinery.