Gould Alloys has expanded at Markham Vale, taking a further 55,000 sq. ft. on a 10-year lease.
The deal, which will see Gould Alloys expand into the MV55 unit, comes almost a decade after the business first arrived at Markham Vale, moving into a purpose-built 50,000 sq. ft. building and investing more than £1million in new technology and machinery.
Markham Vale is a flagship 200-acre industrial and logistics scheme in Chesterfield; a joint venture partnership between property developer HBD and Derbyshire County Council. It remains one of the region’s best-located developments, sitting at the heart of the UK motorway network and providing direct access to the M1 via a dedicated junction, J29a.
The new building forms a key part of Gould Alloys’ sustainability strategy, while providing additional space to deliver new contracts in the future.
The deal also demonstrates the continued demand for space at Markham Vale, with MV55 immediately let with no void period.
Tom Wheldon, Head of Region at HBD, said: “It’s great to see Gould Alloys expanding further at Markham Vale. MV55 is the ideal location for the business’ second base at the scheme; a best-in-class building, its sustainable features will support the company’s environmental strategy and help to minimise its carbon output.”
Jane Bradshaw of Gould Alloys, said: “We’ve been at Markham Vale for almost a decade, so it’s great to be able to secure MV55 for our next chapter. The additional 55,000 sq. ft. is a key component of our environmental strategy, ensuring we can operate as sustainably as possible by limiting the movement of materials and reducing our carbon output, while providing additional capacity for the servicing of future contracts as we continue to grow.”
Councillor Tony King, Derbyshire County Council’s Cabinet Member for Clean Growth and Regeneration, said: “Gould Alloys is a real Derbyshire success story and we’re pleased we’ve been able to accommodate their needs and cater for their growth with additional space here at Markham to help them become more sustainable. They are an established part of our business community and we look forward to following their success for many more years to come.”
Gould Alloys is a global supplier of high integrity components for critical applications and one of the fastest growing specialist metals stockholders in the UK. It serves the ferrous and non-ferrous metals requirements of multiple leading-edge industries, with a specific focus on aerospace.
An award-winning property developer, HBD delivers impactful industrial and logistics, urban regeneration and residential schemes. Part of the Henry Boot Group, it operates from six UK offices and is currently working with a £1.25bn development pipeline.