Leicester city centre trading estate snapped up in double deal

A LOGISTICS

SITE in Leicester city centre has been snapped up as part of a double-deal.

Warwickshirebased The Wigley Group has agreed to purchase Bermuda Park on Buckingham

Close, Nuneaton, and a city centre trading estate on Craven Street, Leicester, at a total price of £7.95 million.

The two fully-let sites offer a combined 13 units, with nine units providing 53,256 sq ft of internal warehouse/industrial space at Bermuda Park, and four units at Craven Street providing a total of 47,343 sq ft of space.

They are the first sites purchased through an exciting new collaboration between The Wigley Group and Reflex Property Finance – sister company of South East-based developer Galliard Homes.

The new partnership, called Waterloo Capital Ltd, will create a new investment fund which will channel capital into shorter term asset management projects across the Midlands region, principally focusing on industrial property.

The Wigley Group was formed in 1964 and is a specialist in the industrial sector with a significant portfolio of property and landholdings

Reflex Property Finance was founded by Stephen Conway – founder of Galliard Homes – and Jonathan Morgan – former Galliard director – and is a specialist finance provider for development sites and commercial property.

COMPANY (c/o Agent: Darryn Buttrill, bi Design Architecture Limited, 79 High Street, Repton, Derbyshire DE65 6GF) – Erection of 4 bungalows and the demolition of No.53 Pinfold Close to facilitate access – at 7A Pinfold Lane, Repton, Derbyshire DE65 6GH.

MR & MRS BW AND GE ROBERTS (c/o Agent: Richard Cooper, HSSP Architects Limited, Pera Business Park, Nottingham Road, Melton Mowbray, Leics. LE13 0PB) – Two new agricultural workers’ dwellings, single storey detached garage/store, creation of new access, construction of new barn and associated landscaping – at land to the north east of Main Street, Sutton cum Granby, Nottinghamshire.

INWOODS PARK LIMITED

(c/o Agent: Rickett Architects Limited, 2nd Floor, 168 Parade, Leamington Spa, Warks. CV32

4AE) – Proposed construction of 22 residential dwellings – at Inwoods House, Ashlawn Road, Rugby, Warks. CV22 5QF.

INTERNATIONAL property and construction consultancy Gleeds has recently completed the transformation of its Manchester office.

The project was undertaken by Ashby-de-la-Zouch workplace consultancy and interior fit-out specialists, Blueprint Interiors and will allow the business to remain in its city centre location.

Situated at Abbey House on Mosely Street, Gleeds opted for renovation as opposed to relocation in order to retain its connectivity, giving its 80-strong staff more options to walk, cycle, or use public transport to get to work.

The refurbishment forms part of a wider strategy to create a unified yet unique style for all Gleeds UK sites, delivering offices that reflect regional cultures and traditions.