Refurbishment underway at East Midlands industrial park

04 October 2023

Refurbishment underway at East Midlands industrial park
Hortons’ Estate Ltd has commenced the first phase of refurbishment at an industrial/distribution site in Northamptonshire.Work is underway on the comprehensive upgrade of Saxon 58, a 58,350 sq ft warehouse and logistics unit at Saxon Park off Great Folds Road in Corby.

Hortons is refurbishing the unit to modern standards, including a minimum 500 KVA power supply and a range of sustainability features such as EV charging facilities, photovoltaic roof panels and LED lighting throughout.

Additionally, Saxon 58 will benefit from new cladding, three dock level loading doors, two access doors and integral ground floor office space, and will target an EPC ‘A’ rating.

The refurbishment is on schedule to complete before the end of the year, with the unit available for occupation from Q1 2024.

Jeremy Boothroyd of Hortons said: “Saxon 58 will deliver more than 58,000 sq ft of extensively refurbished warehouse and logistics accommodation when complete, offering enhanced power and sustainability. The unit lies in an established industrial location within the ‘golden triangle’ with easy access to the motorway network, which we’re sure will be attractive to prospective occupiers.

“Saxon Park is extremely well positioned for future development and we look forward to bringing forward plans to develop new accommodation on the site, as well as carrying out improvements to existing units.”

DTRE and TBD Real Estate have been appointed joint agents at Saxon Park.

Tom Fairlie of DTRE said: “Saxon Park, Corby provides some much-needed supply to the local market, staggered over the next 24 months, and across different unit sizes. We have had some good interest on Saxon 58 to date, and we are looking forward to welcoming the first new tenant to the site.”Jack Brown of TBD Real Estate added: “We are delighted to be involved in this fantastic scheme. Saxon Park offers a mix of different sized units which can be tailored to occupier needs. Units are strategically located south of Corby, benefitting from quick access to the A14 and a skilled workforce in the immediate vicinity. We look forward to working alongside Hortons and DTRE.”

Saxon Park is a 19.8 acre site on Oakley Hay Industrial Estate which was acquired by Hortons in 2023. Formerly occupied by Joules, the site comprises two existing distribution warehouse buildings totalling c.275,000 sq ft and c.3.2 acres of open storage land with development potential.

The site is positioned approximately four miles southwest of Corby town centre and five miles north of Kettering. It benefits from excellent road accessibility via the A6003 and A14, providing links to the M1/M6 and A1/M11.

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