Investment News | 14 December 2021

Historic engineering site to be redeveloped

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Plans have been announced to redevelop the site of a historic engineering firm in Derby.

Morgan Industrial Properties, which specialises in the development of commercial property in the industrial and office sectors, has bought the former Ewart Chain site, in Shaftesbury Street.

MIP said it is planning a “significant redevelopment” of the five-acre employment site, creating new industrial units and jobs for the city.

The Ewart Chain site will provide some 90,000 sq ft of new-build industrial floor space to the market available on a leasehold basis.

A single unit of 90,000 sq ft with a railway connection can be provided, or smaller units will be available starting at 2,500 sq ft.

MIP, which is based in Alfreton Road, has a track record of creating business parks in and around the city.

Past projects include Northedge Business Park, in Alfreton Road, and Outrams Wharf Business Park, in Little Eaton.

David Powell, commercial property manager at MIP, said: “We are delighted to have acquired another strategic employment site in Derby in an established industrial location.

“The site will create a significant number of jobs and provide more high-quality industrial units to the market for local and national businesses.”


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