Clowes Developments has started work on a new business park in south Leicestershire.
The Derbyshire developer – which recently bought Derby County Football Club – has brought in contractor TanRo to begin works at Beauchamp Business Park, in Kibworth, between Market Harborough and Leicester. It comes after the site gained planning permission from Harborough District Council.
The earthworks are being done by JC Balls and Sons, and include the creation of new plateaus and landscaping, and infrastructure work.
The site, close to the A6, will cover 11 acres and have a range of industrial units ranging in size from 1,270 sq ft to 10,085 sq ft available on a freehold or leasehold basis.
TanRo director Robin Orgill said: “It’s great to get this development under way. There’s a hive of activity around the site as we team up with JC Balls and Sons to begin preparing the site for construction.
“Storm water drainage has been installed at the main entrance and footings are being laid, an attenuation pond has been dug out and the rest of the ground is being levelled off in readiness for the next phase of development.”
Agents Phillips Sutton and TDBRE are marketing the site.
Clowes is one of the UK’s biggest privately-owned property investment and development companies. It was founded by Charles W Clowes in 1964, on what it says were the guiding principles of “honesty, integrity, passion and innovation”.
The business said: “That DNA still runs deep throughout the company, influencing the decision-making half a century later.
“The Clowes family still own and run the business, giving relief from the demands of plc shareholders and allowing the freedom to build an extensive portfolio in creative and imaginative ways.”
In its latest annual accounts, the property group recorded a turnover of £106 million and an operating profit of £26.5 million.
The group holds more than 3,000 acres of land and 15,000 residential plots in 130 development sites across the country, including more than 50 office and business parks and several larger mixed-use sites.
