Geldards advises Clowes on high spec industrial unit at Stud Brook Business Park for Shawpak

Geldards has successfully advised Clowes Developments on the long term lease of a new high-specification industrial unit at Stud Brook Business Park for Shawpak Ltd.

A global leader in medical device packaging machinery, Shawpak was founded in Derby in 2013 and the business has grown to become one of the most trusted systems worldwide for packaging critical medical devices, with a growing international customer base.

In a move to expand the company to support their long-term growth plan, Shawpak will relocate 50 employees from their Allenton site in Derby, taking advantage of excellent transport links and proximity to East Midlands Airport at Stud Brook Business Park.

Geldards provided property and construction legal expertise, advising Clowes on the build agreement for lease, led by Derby based partner Heather Dixon who heads up the Industrial and Logistics team, supported by legal assistant, Sarah Jackson, Infrastructure and Construction Partner Chris Hawrylak and solicitor, Laura Matthews.

Commenting on the deal, Heather Dixon said:

“Geldards is delighted to have advised Clowes on another lease agreement for Stud Brook Business Park.  The deal highlights the strong demand for modern flexible industrial space. We were pleased to work with Clowes and the wider professional team to agree the terms of the lease. Stud Brook Business Park offers a great opportunity for Shawpak to relocate its headquarters and expand their business from this well-connected site in the East Midlands.”

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

“Geldards have guided us through the legal process for several lease agreements completed at Stud Brook Business Park. With only a couple of units available on a leasehold basis, and more deals to be announced in the coming weeks, we now look forward to promoting plot 1 which comprises five trade counter units with a prominent roadside presence.”

 

 

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