Vulcan Park will provide a premium specification unit of 100,000 sq.ft. in a secure five-acre site with service yard and car parking for up to 102 vehicles.
Morgan Industrial Properties (MIP), a leading local commercial property developer plan to construct a premier industrial and logistics warehouse unit on a five-acre brownfield site, which will create local jobs and bring economic growth to an established industrial location in Derby. MIP will invest significantly in the unit and are targeting a BREEAM ‘Very Good’ sustainability rating which will include PV solar panels, electric car charging points and rain water harvesting.
David Powell, Commercial Property Manager at MIP commented: “Vulcan Park is a strategic site with excellent connectivity to the road and rail networks. The A52, A50, A38 and A6 are a short distance from the site and junction 24 and 25 of the M1 motorway are just 9 miles away. The site previously had a railway siding so there is potential for an occupier to reconnect the site to the Midland Mainline”
Michael Green, Chartered Surveyor at David Brown Commercial said: “Vulcan Park demonstrates MIP’s long-term horizons and their commitment to the Derby industrial sector. Their planned investment in this site will support local jobs and economic growth and is reflective of the strong fundamentals of the site: centrality, connectivity and close to established ‘blue chip’ producers such as Alstrom Transport and Rolls Royce. The industrial market continues to demonstrate robust occupier demand and a lack of supply of quality units. Occupiers continue to have a heavy focus on ESG credentials and Vulcan Park provides an excellent opportunity for an industrial and logistics occupier in 2023”
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