Geldards advises Clowes on a deal to move Fathomtree to a purpose built industrial unit at Fairham Business Park

Geldards has successfully advised Clowes Developments on the build agreement for lease and letting of a circa 30,000 sq ft industrial unit for precision engineering and manufacturing specialist Fathomtree at Fairham Business Park.

Established over 50 years ago Nottingham-grown Fathomtree provides precision-engineered components to the aviation, automotive and healthcare industries. The move to Fairham Business Park will enable the Fathomtree to expand its workforce and client base and invest in new technologies to continue the company’s strategic growth.

Ideally located close to major transport links and near East Midlands Airport, Fairham Business Park is a mixed-use development project offering – 1 million sq ft of commercial development and 3,000 new homes with a focus on sustainability. Fathomtree’s purpose-built facility is under construction and will reach practical completion in the coming months and once completed Fathomtree will undertake an extensive fit out.

Geldards provided property and construction legal expertise, advising Clowes on the build agreement for lease and letting led by Derby based Partner Heather Dixon, who heads up the Industrial and Logistics Commercial Property team and supported by Construction Partner Chris Hawrylak, they were assisted on the transaction by Solicitor apprentice Sam Norris and Paralegal Sarah Jackson.

Commenting on the deal, Heather Dixon said:

“Geldards was pleased to advise Clowes on the transaction with Fathomtree, the latest well-established business to embrace the opportunity for bespoke, high specification industrial space in an accessible setting. Our team has worked closely with Clowes and the wider professional team on a number of agreements at Fairham Business Park, drawing on our significant expertise in the industrial and logistics field.”

James Richards, Development Director at Clowes Developments UK Limited commented:

“Fathomtree’s move to Fairham Business Park marks another exciting milestone in the continued growth of the site. We are delighted to welcome such a respected and long-established Nottingham business, whose commitment to innovation and precision manufacturing perfectly aligns with our vision for Fairham as a hub for high-quality, sustainable development. Geldards’ expertise and collaborative approach have been instrumental in delivering this agreement, and we look forward to seeing Fathomtree thrive in their new purpose-built facility.”