Investment in Chesterfield Archives - Destination Chesterfield

Hartington Business Park fully let as Capital Angling Limited agree on-site expansion

24th May 2024

Devonshire Property Group, part of the portfolio of Devonshire Group businesses, is celebrating full occupancy at its Hartington Business Park scheme in Staveley this week.

Capital Angling Limited, an existing tenant at the site, has agreed to take on a further 2,465 sq ft to support its expanding e-commerce operations.

The business, which provides a wide range of fishing tackle and equipment, has agreed a five-year lease on a second unit at site, taking its footprint at Hartington Business Park up to 7,364 sq ft.

Adam Mayfield, Property Development Manager at Devonshire Property Group, said: “Reaching fully let status at Hartington Business Park is indicative of the high level of demand for industrial warehousing in Derbyshire. We are really pleased to be able to help support Capital Angling’s expansion on site and to provide them with a platform to continue to grow their business. The strong tenant confidence in us and the scheme is a testament to our continued investment in the area and our commitment to ensuring that the unit sizes & specifications suit a broad range of occupiers and exceed energy efficiency standards.”

Jamie Jackson, Director at Capital Angling Limited said: “Hartington Business Park has proved to be an ideal location to grow our business, particularly given its proximity to both our customer base as well as some of their favourite fishing spots. Our success, and the support we’ve had from Devonshire Property Group, has been key to us being able to expand into our second unit at the site.”

Located on the northern edge of Staveley, five miles to the North East of Chesterfield, the 22,614 sq ft Hartington Business Park benefits from easy access to the M1 via J30 and J29A, located just 3.5 miles and 2.5 miles away respectively.

Ranging in size from 2,479 sq. ft up to 4,899 sq. ft, Hartington Business Park’s units have been built to a shell specification that allows occupiers flexibility to utilise the space for maximum business benefits. Built with a steel portal frame and steel profile cladding, the units also have secure concrete yards, EV charging points, full fibre broadband, ample parking spaces and boast a BREEM ‘Very Good’ rating.

100% occupancy at Hartington Business Park follows recent news that Devonshire Property Group has also fully let its 102,515 sq ft warehouse at the nearby Markham Vale. Beginning operations at the site later this Spring will be digital and information management specialists, Restore Records Management, who have let the warehouse on a long-term lease.

Andrew Byrne, Property Development Director at Devonshire Property Group, added: “Across Derbyshire and the East Midlands there is an acute need for quality industrial units to help support the region’s businesses in discovering new opportunities for growth. Achieving full occupancy at both Hartington Business Park and Markham Vale clearly demonstrates this. Fully letting both sites was only achieved through our continuous investment across our industrial portfolio and by ensuring that our sites provide the flexibility, facilities and specifications that our occupants need to grow and succeed.”

To find out more about the benefits of locating your business in Chesterfield, go to: https://www.chesterfield.co.uk/business/invest-in-chesterfield/

Devonshire Property Group supports the marketing and economic growth of the town through Chesterfield Champions, a network of over 200 organisations across Chesterfield and North Derbyshire.

New Mayor and East Midlands Combined County Authority given final go ahead

1st March 2024

The last legal step to establish the East Midlands Combined County Authority (EMCCA) has been signed and made into law.

Jacob Young MP, Levelling Up Minister, this week signed the regulations that allow for EMCCA to be created. It means that residents across the area will get to vote for the very-first East Midlands Mayor, with elections taking place on Thursday 2 May 2024.

The new combined county authority is all thanks to a devolution deal, which will see the region benefit from a £1.14bn investment package, spread over a 30-year period, alongside devolved powers around transport, housing, skills and adult education, economic development and net zero.

Cllr Barry Lewis, Leader of Derbyshire County Council, said: “The passing of this final piece of Government legislation is an historic milestone for Derbyshire and the wider region.

“It marks the moment when the East Midlands Combined County Authority comes into existence, bringing a £1.14bn devolution deal to our region to improve people’s lives through better housing, improved transport and new job opportunities.

“In many ways it’s only the beginning of this exciting journey and more benefits and funding are already starting to flow – such as the government’s announcement of £1.5 billion local transport funding for the new East Midlands Mayor.

“Year-on-year the new combined county authority will bring even more funding to our region through a strong, collective voice and a national platform.”

Plans for East Midlands devolution are similar to those already in place in other mayoral regions, like the West Midlands and Greater Manchester, and it is estimated that the region will unlock around £4bn of funding over the coming years.

The East Midlands devolution deal, agreed with Government ministers in 2022, will see Derbyshire, Nottinghamshire, Derby and Nottingham benefit from a £1.14 billion investment fund. All four councils approved the creation of EMCCA in December.

In October 2023, the Government announced around £1.5 billion in transport funding for the East Midlands Mayor.

Thanks to devolution plans, the East Midlands has also been invited to establish an ‘Investment Zone’, which will attract £160 million of support over ten years, with tax incentives for businesses that will help boost economic growth right across the region.

Government will continue to work with EMCCA and other partners to co-develop plans for the East Midlands Investment Zone – which will bring in hundreds of millions of pounds of private investment and create thousands of jobs – including priority development sites and specific interventions to drive cluster growth, ahead of final confirmation of the plans.

£18 million has already been awarded to the area during devolution negotiations, which is being spent on improving local housing, transport and skills provision.

Further investment for the region would also be provided through annual Whitehall budgets and spending reviews.

The inaugural election for Mayor of the East Midlands will take place on Thursday 2 May 2024.

For more information on the elections, visit www.eastmidlandsdevolution.co.uk

Businesses in Chesterfield can hear from mayoral candidates for the East Midlands Combined County Authority at the annual Celebrate Chesterfield conference, taking place on 20th March 2024.