HBD sells Markham Vale site to Litton Property Group

HBD, part of Henry Boot, has sold a 2-acre trade park site at Markham Vale to Litton Properties.

Markham Vale is one of HBD’s most successful industrial and logistics (I&L) schemes. The M1 development, a joint venture with Derbyshire County Council, has created more than 2,600 new jobs and is home to occupiers including Smurfit Kappa and Bilstein.

Litton Property Group will begin construction on the site in the first half of 2026, delivering over 30,000sq ft of trade counter and other opportunities. Flexible units from 3,817sq ft will be available in a prime location directly opposite the M1 service area.

Based in Bakewell, Litton Property Group specialises in retail and leisure, regeneration and business use sectors. Its portfolio comprises both retained developments and strategically acquired sites for long-term redevelopment or asset management.

Hamer Boot, Executive Director at HBD, said: “As a well-established I&L scheme and with direct access to the M1, Markham Vale presents an ideal trade park location. This trade counter site is a good fit for Litton Property Group, who will now bring the development forward in 2026.”

Mark Twelves, Managing Director of Litton Property Group, said: “Markham Vale Trade Park will deliver a new benchmark for trade counter, warehouse and light industrial accommodation in Derbyshire. Our purchase and the development of the site sends out a strong signal that Derbyshire is a place that helps business to establish, grow and thrive. With a growing workforce, new housing nearby, and strong regional links, it is perfectly positioned for ambitious businesses.”

HBD is underway with a number of new developments at Markham Vale, including Nova, a 732,000sq ft I&L scheme being delivered in joint venture with Devonshire Property Group. The BREEAM Excellent project comprises two units and could create as many as 800 new jobs.

Origin, a JV between HBD and Feldberg Capital, has also now completed the first phase of its ARK I&L scheme at Markham Vale, with the first of four units let to Capital Angling. A planning application was recently submitted for the second phase of the project; another 53,000sq ft ESG-compliant unit.

HBD is one of the UK’s most well-established property developers. It boasts an impressive track record, strong financial backing and a reputation for delivery that has seen it become the partner of choice for local authorities, investors and developers.

Working with a £1.3billion development pipeline, HBD operates from six UK offices and focuses on industrial and logistics, urban development and residential projects.