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Commercial Property

Storage Giant, Tool Station, Screwfix and Howdens join £30m Teal Park scheme going up in Nottingham

Construction work is now well underway with the steel frames built and cladding going up

Work on the £30m Teal Park scheme in Nottingham

New tenants have signed up to a £30 million business park going up in Nottingham.

Warwick-based property development company AC Lloyd Commercial and Nottingham-based Henry Davidson Developments have agreed deals with Storage Giant, Tool Station, Screwfix and Howdens for units at Teal Park off the Colwick Loop Road, in Netherfield.

Stainforth Construction started work on the 53,000 sq ft trade park and an industrial unit of 28,860 sq ft in early January.

Construction work is now well underway with the steel frames built and cladding going up.

As part of the phased construction at the 20-acre site, and pending planning permission from Gedling Borough Council, Aldi hopes to anchor one part of the scheme – called the Local Centre – along with four more retail units, a children’s day nursery and a pub.

A care home for people with residential and residential dementia care needs, which is being operated by LNT Care Developments, is already open as part of phase one.

Approximately 50 full-time jobs have been created at the care home, which includes a cinema, garden room, library, hairdressing salon, coffee shop and tea shop, and 66 en-suite bedrooms with wet rooms.

Mark Edwards, managing director of AC Lloyd Commercial, said work was going to plan for the latest phase of Teal Park which is due to be completed this autumn.