Success at Power Park, Nottingham continues with the most recent letting of a 70,586 sq.ft. industrial warehouse premises to DiversiTech International Ltd on a 15-year lease.

DiversiTech International is a global manufacturer of ancillary products for air conditioning, refrigeration, boilers, heating, air source heat pumps and building sectors. DiversiTech International were attracted to Power Park due to the Grade A specification, ESG features and its high profile location.

Power Park is part of the wider, established and popular Lenton Lane industrial area. Nottingham is the economic powerhouse of the East Midlands, with a skilled labour force, high productivity index and impressive employment rate. Situated just off Thane Road/A52, the site links to the A453 dual carriageway and provides easy access to J24 M1 south and J25 M1 north. It is the closest industrial and logistics development to Nottingham city centre, offering excellent public transport links and a large labour pool.

Stewart Little, CEO of Oxenwood, commented: “It’s great to keep an established Nottingham based occupier in the city and support their continued growth into their next phase of development. We look forward to working with them over the coming years.”

The agency line up from Savills, M1 and CPP commented by saying: “We are delighted to maintain the leasing momentum in securing DiversiTech International at Power Park on behalf of Oxenwood. Helping businesses commit long-term to Nottingham is a key output for the scheme.”

Shaun Gray, Managing Director of UK Diversitech “we are delighted to secure this building and maintain our presence within Nottingham,  the new building secures our current and future needs for our growth, employment and meeting our customers demands.”

The final unit remaining, Unit 4 offers a unique self-contained grade-A building of 44,398 sq.ft. with dock and level access loading, 10m eaves and 575kVA of power.  For more information, please contact the leasing agents or visit www.powerparknottingham.co.uk.