Dunmoore has unveiled plans for a 42,500ft² trade park development in Bedfordshire. The development will be a comprehensive refurbishment and part new-build development of a vacant industrial unit in the market town of Biggleswade. The 26,625ft² unit has been acquired from Jewers Doors, the locally based industrial door supplier, for€5.05m (£4.3m). Dunmoore will deliver a high-quality trade park of eight trade counter units, totalling 42,500ft². The development is prominently located on Stratton Business Park, close to the intersection of the main A1M roundabout and the A6001 London Road, with neighbouring occupiers including Lidl, McDonalds, Travis Perkins, Homebase and the A1 Retail Park.
Andrew Scott, Director at Dunmoore, said: “After a successful period of sales at the end of 2021, we have reinvested part of the equity into a typical Dunmoore repositioning opportunity. We know many of our existing trade tenants have requirements for space in the town and we look forward to working with them again”.