Ivygrove continues industrial park success

It's certainly an exciting time for Bondholder Ivygrove Developments as it completes one huge project whilst embarking on a second.

The transformation of a historic site in Derby into a modern industrial park has now been completed with 26 buildings at Sawley Park now sold in a process which originally started back in 2010.

The site was bought from Rolls-Royce and its buildings date back to the 19th century starting life as a lace mill for William Fletcher. 

John Blount, Chairman at Ivygrove Developments, said: “I am delighted that this development has proved successful during the worst economic period ever experienced.”

Looking ahead, work on a new project is set to start soon on the former Derby Cables and then Draka International site.

The site, which started operating commercially back in 1929, closed in September 2012 and Ivygrove Developments then bought the site in 2014. The company specialises in transforming old and derelict industrial sites and the new Eagle Park development will create around 500 jobs.

John Blount said: “We have already received inquiries from interested parties and we are pleased to accommodate prominent companies such as Robinson, Pendragon, Eggleston Steel and Screwfix.”

Chris Keogh, Associate at Salloway Property Consultants said: “Given the recent success of Sawley Park and the added benefit that Eagle Park offers more prominence onto one of Derby's busy arterial routes we would envisage that this scheme would have the same high level demand. Certainly, early interest in the site from both national and local business indicates that the appetite is there already.”