St. Modwen has completed a deal at its Hilton Business Park development in Derbyshire. Leading international forwarding and transport company Willi Betz has secured a three year lease on two acres of land which will be utilised for open storage of up to 140 trailer vehicles.

Situated less than a mile from the A50, Hilton Business Park lies approximately three miles west of its junction with the A38 at Burnston. It offers a range of business space options including open storage land; existing industrial and warehousing units; and a total of 10 new build units of which just one now remains - available for immediate occupation.

Hans Wassermeyer, UK director for Willi Betz, said: "Hilton Business Park was selected in response to a specific requirement for open storage land in south Derbyshire. Willi Betz has a major automotive client based in the region and, in order to provide a seamless client service, we looked to secure land in a strategic location with access to good transport links. St. Modwen was able to assist with two acres of land at Hilton Business Park - this location was already known to us and a deal was completed promptly, enabling us to take occupation immediately and therefore continue to provide an efficient service to our client."

Further open storage land is currently available at Hilton Business Park, together with the last remaining new build unit (6,000 sq ft), which is priced at £60 per sq ft to purchase or £5 per sq ft to lease on flexible terms. Up to 187,500 sq ft of existing industrial/ warehouse space is also available to let at the business park, priced from a highly competitive £1.75 per sq ft.

St. Modwen has an additional two developments strategically located on the A38 and A50 corridors - Stretton Business Park and Centre 38, which is the latest phase of Barton Business Park. 

Stretton Business Park has one 8,820 sq ft unit available at £60.00 per sq ft to purchase and £5.00 per sq ft to lease. One distribution/warehouse or manufacturing unit is available at Centre 38, offering just over 30,000 sq ft. The unit is priced at £75.00 per sq ft to purchase or £5.50 per sq ft to lease.  

Julie Rossiter, senior asset manager for St. Modwen, said: "Hilton Business Park has become established in the regional commercial property marketplace as a thriving location for a range of businesses and this status has now been boosted by the arrival of Willi Betz. This success of the business park has been due in part to the choice and flexibility on offer; and to its strategic location within easy reach of the A38 and A50 corridor. These two key arterial routes open up access to the M1, M6 and M6 Toll motorways, giving occupiers the benefit of first class transport links to the north and south of the country."

Rushton Hickman Limited and Lambert Smith Hampton are joint agents at Hilton Business Park.