Geldards advises Clowes on bespoke industrial unit for Bucher Municipal at Stud Brook Business Park

Geldards has successfully advised Clowes Developments on a long-term letting for the latest major business to move into Stud Brook Business Park. Leading supplier of municipal vehicles Bucher Municipal will move into a new 30,000 sq ft high calibre facility at the mixed-used Business Park later this Spring.

Offering excellent transport links, Stud Brook Business Park near Castle Donington is close to East Midlands Airport, East Midlands Parkway and the M1. The 20-acre Business Park houses a range of BREEAM certified industrial and distribution units for SMEs ranging from 8,500 to 30,000 sq ft.

Bucher Municipal is a market-leading supplier of municipal products such as sweepers, snow blowers and drainage units, utilising the latest technology to offer sustainable cleansing solutions to local authorities. The company which is known for the high quality of their fleet were looking for an equally high calibre industrial unit with sustainable design features and excellent transport links. Bucher will move into the best-in-class facility in May.

Geldards advised Clowes on the build agreement for lease, led by Derby based partner Heather Dixon, who heads up the industrial and logistics team, supported by construction partner Chris Hawrylak and their respective teams.

Commenting on the deal, Heather Dixon said:

“Geldards are pleased to have advised Clowes on this latest lease agreement at Stud Brook Business Park, working with Clowes, TanRo and the wider professional team to agree the terms with Bucher Municipal. The bespoke, high specification nature of the new unit provides Bucher Municipal with a tailor-made service centre for their national network.

High quality industrial space for SMEs is in high demand in the East Midlands, being at the heart of the golden triangle and in a prime location. This is the second lease agreement at Stud Brook Business Park that Geldards have advised Clowes. SMEs are the key drivers of our economy and it’s easy to see why these high-quality industrial spaces are in demand.”

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

“Stud Brook Business Park is witnessing a sustained high volume of interest. Welcoming a leading company like Bucher Municipal to the business park is testament to its quality, location and benefits to businesses looking to make the move to the East Midlands. With more deals due to be announced within the next few weeks, it’s not surprising that Heather and her team remain busy with property work from Clowes and we’re grateful for the continued professional service.”